Abstract

Depression is a type of behavioral symptom in the sense MeSH indexes it: a dysphoric state of low mood, usually of moderate intensity, marked by sadness, loss of interest, pessimism, and a sense of worthlessness. MeSH keeps this affective symptom (the descriptor Depression) distinct from the clinical syndrome of depressive disorder, and cognitive psychology studies the symptom as a disorder of information processing rather than simply of mood. This article develops the dominant cognitive accounts: Beck’s cognitive model, in which negative schemas impose a negative view of the self, world, and future; the reformulated learned-helplessness and hopelessness theories, in which a pessimistic explanatory style confers vulnerability; the negatively biased attention, memory, and interpretation that sustain low mood; and the response-styles theory of rumination. A worked example derives an attributional-style composite, and three interactive demonstrations make the mechanisms concrete.

Keywords: depression, negative cognitive triad, learned helplessness, rumination, cognitive bias

The question cognitive psychology asks about depression is not only why mood falls but why it stays low. A passing sadness is universal and self-correcting; what the cognitive tradition set out to explain is the self-sustaining character of depressed thinking — the way a low mood recruits the very patterns of attention, memory, and interpretation that keep it low. On this view depression is not a bottomless feeling but a feedback loop between affect and cognition, and the loop is specifiable (Beck, 2008).

A terminological distinction frames everything that follows. MeSH files Depression as an affective symptom — a state of lowered mood — and files the clinical condition separately as depressive disorder. The cognitive models below were built chiefly to explain the symptom and its vulnerability, and they apply across the range from an ordinary low mood to the sustained dysphoria of a diagnosable episode; where the distinction matters for a claim, the text marks it (LeMoult & Gotlib, 2019).

Key Takeaways

- Depression as a cognitive-psychology topic is the affective symptom of low mood, which MeSH indexes separately from the clinical syndrome of depressive disorder; the cognitive models treat it as a disorder of information processing, not merely of feeling. - Beck’s cognitive model holds that latent negative schemas, activated by stress, impose a negative cognitive triad — a negative view of the self, the world, and the future — and bias perception through systematic cognitive distortions. - The reformulated learned-helplessness and hopelessness theories locate vulnerability in a pessimistic explanatory style: attributing bad events to internal, stable, and global causes generates the expectation of helplessness that precipitates depressed mood. - Depressed mood is maintained by negative biases in attention, memory, and interpretation, which converging evidence ties to altered function in prefrontal-limbic circuits and in reward processing. - Nolen-Hoeksema’s response-styles theory shows that rumination — repetitively dwelling on one’s symptoms and their causes — prolongs and deepens depressed mood, whereas distraction and problem-solving shorten it.

What Depression Is

In the vocabulary cognitive psychology inherits from MeSH, depression names an affective symptom: a dysphoric mood state — sadness, discouragement, a loss of pleasure and interest — usually of moderate intensity and distinguished from the full clinical syndrome. That syndrome, depressive disorder, is a separate descriptor defined by a cluster of symptoms persisting for a minimum duration and causing impairment. The distinction is not pedantry: a low mood is an ordinary and often adaptive response to loss, whereas the disorder is a pathological state, and the cognitive models below are theories of how the first can tip into and sustain the second (Beck, 2008; LeMoult & Gotlib, 2019).

What makes depressed mood a problem for cognitive psychology rather than for the physiology of affect alone is that it is bound up with a characteristic style of thought. Beck’s founding observation, drawn from the verbatim reports of depressed patients, was that their thinking showed recurring, systematic negative content and logical distortions — not a random gloom but a patterned bias toward the pessimistic reading of any ambiguity (Beck, 1963). The cognitive tradition that followed set out to specify those patterns and the processing mechanisms that produce them. Table 1 sets out the components of the dominant account.

Table 1. The levels of Beck’s cognitive model of depression, from stable vulnerability to momentary thought.
Level What it is
Schemas Latent negative beliefs about the self, laid down early and dormant until activated by stress, that organize how information is encoded.
Negative cognitive triad The activated schema’s content: a negative view of the self (worthless), the world (defeating), and the future (hopeless).
Cognitive distortions Systematic biases in reasoning — overgeneralization, selective abstraction, catastrophizing — that process experience to fit the triad.
Automatic thoughts The momentary, involuntary negative appraisals that surface in consciousness and are the proximate target of cognitive therapy.

Transient low mood is near-universal, but sustained, impairing depression is both common and costly: major depression is among the leading causes of disability worldwide, and the cognitive style that characterizes it is implicated not only in the onset of episodes but in their recurrence (Gotlib & Joormann, 2010).

The Cognitive Model: Schemas and the Negative Triad

Beck’s cognitive model is the foundation of the field. Its central claim is that depression is driven by the content and organization of thought: dysfunctional schemas — negative core beliefs about the self, acquired through early adverse experience and lying dormant — are activated by stressful events that match their theme, and once active they impose the negative cognitive triad and the distortions that serve it (Beck, 1963; Beck, 2008). The model is a diathesis-stress account: the schema is the latent vulnerability, the matching stressor the trigger, and the depressed state the result of their conjunction rather than of either alone.

Figure 1

Beck’s Cognitive Model of Depression as a Self-Maintaining Loop

A matching stressor activates a latent negative schema, which imposes the negative cognitive triad and the distortions and automatic thoughts that sustain depressed mood, which in turn reactivates the schema. A flow diagram. On the left, a box labeled matching stressor sends an arrow down to a box labeled latent negative schema, activated. The schema sends an arrow to a central triangle of three linked nodes labeled self, world, and future, the negative cognitive triad. The triad sends an arrow to a stacked column on the right: cognitive distortions, then automatic thoughts, then depressed mood. A dashed feedback arrow curves from depressed mood back to the schema, labeled reactivates, showing the vicious cycle. Matching stressor Latent negative schema activated Cognitive distortions Automatic thoughts Self World Future Depressed mood reactivates
Note. On Beck’s diathesis-stress model, a stressor matching the theme of a latent negative schema activates it; the active schema imposes the negative cognitive triad — a negative view of the self, world, and future, whose nodes mutually reinforce — and the cognitive distortions and automatic thoughts that follow sustain depressed mood. The dashed feedback path marks Teasdale’s differential-activation route to chronicity: the depressed mood reactivates the very schema that produced it. Original schematic, after Beck (1963, 2008) and Teasdale (1988).

The power of the schema idea is that it explains why depression is self-perpetuating rather than self-correcting. An active negative self-schema does not merely colour mood; it governs which information is attended to, how it is interpreted, and what is later recalled, so that experience is filtered to confirm the schema and disconfirming evidence is screened out (Clark & Beck, 2010). Teasdale sharpened this into an account of why some low moods become persistent: once a depressed mood is established, it reactivates the very negative constructs that produced it, forming a vicious cycle in which mood and cognition sustain each other — the differential-activation path to chronicity (Teasdale, 1988). The demonstration below lets the reader activate a negative schema and watch an ambiguous event be appraised across the three poles of the triad.

The negative cognitive triad: appraising an ambiguous event

An ambiguous event — a friend who does not reply, a flat remark from a colleague — carries no fixed meaning. A dormant schema lets it be read benignly. Activate the latent negative self-schema and watch the same event be appraised negatively across all three poles of Beck’s triad, most of all for the future. The more ambiguous the event, the more room the schema has to impose its reading.

Self (worthless)25%World (defeating)25%Future (hopeless)25%neutral
With the schema dormant, the ambiguous event is appraised mildly and evenly (mean 25% negative). Nothing about the event has changed — only whether a negative belief is there to organize it.

The schema does not add information; it governs how ambiguity is resolved, which is why depression is self-confirming rather than self-correcting.

Beck later drew the cognitive model together with its biological substrate, arguing that the negative bias is not a free-floating belief system but the cognitive expression of altered function in the neural circuits that process threat and reward, and that the clinical, cognitive, and biological levels describe one mechanism (Beck & Bredemeier, 2016). That synthesis is taken up in the Discussion.

Learned Helplessness and Hopelessness

A second foundational tradition began with the animal model of learned helplessness and was transformed, when it failed to fit human data cleanly, into a cognitive theory. Abramson, Seligman, and Teasdale reformulated it around attribution: what makes an uncontrollable bad event depressogenic is not the uncontrollability itself but how the person explains it (Abramson et al., 1978). The reformulation identified three causal dimensions. Attributing a bad event to internal causes (something about me), stable causes (something that will persist), and global causes (something that affects everything) produces the generalized, lasting expectation of helplessness that issues in depressed mood; the opposite style is protective.

Peterson and Seligman developed this into the construct of explanatory style and showed that a characteristically pessimistic style — internal, stable, global attributions for bad events — functions as a measurable risk factor that predicts later depression, not merely a correlate of the current episode (Peterson & Seligman, 1984). Abramson, Metalsky, and Alloy then recast the theory around its core variable, proposing a distinct subtype, hopelessness depression, whose proximal cause is the expectation that desired outcomes will not occur and that nothing one does can change this; a negative-inferential style about causes, consequences, and the self supplies the cognitive vulnerability that, under stress, generates that hopelessness (Abramson et al., 1989). The demonstration below lets the reader set the three attributional dimensions for a negative event and watch the resulting explanatory-style composite and the expectation of helplessness it drives.

Explanatory style: scoring the cause of a bad event

Take a single negative event and rate its most likely cause on three dimensions. The composite negative score (CoNeg) is their mean; the more the cause is judged internal, stable, and global, the greater the expectation of helplessness that follows. The defaults reproduce the first event of the Worked Example (CoNeg 6.0).

Expectation of helplessnesslowhigh
CoNeg = (6 + 5 + 7) / 3 = 6.00 of 7 — pessimistic. Expectation of helplessness 83%. Attributing the event to internal, stable, and global causes generalizes it: nothing I do will change a defect in me that touches everything and will not pass.

It is the consistent tilt of all three dimensions toward the internal–stable–global pole, not the severity of any one event, that defines the cognitive vulnerability.

Cognitive Biases in Depression

Where the schema and attribution theories specify content and belief, a large experimental literature has isolated the information-processing biases through which depressed cognition operates. Three recur. Attention is biased toward negative material and, as tellingly, away from positive material, so the depressed person dwells on the dysphoric and does not register the rewarding. Memory is mood-congruent: negative information is encoded and retrieved more readily, and autobiographical recall becomes overgeneral. Interpretation of ambiguous information is tilted toward the threatening or self-critical reading (Mathews & MacLeod, 2005; Gotlib & Joormann, 2010).

These biases are not independent quirks but a coordinated system that keeps the negative schema fed, and they are increasingly understood as failures of cognitive control over emotional material — a difficulty disengaging attention from negative content and inhibiting its intrusion into working memory (Joormann & Stanton, 2016). Converging neuroscience ties this profile to identifiable circuitry: the negative bias co-occurs with heightened amygdala response to negative stimuli and reduced top-down regulation from prefrontal cortex, the neural counterpart of the cognitive model’s claims (Disner et al., 2011). A complementary strand concerns reward: blunted responsiveness to positive outcomes, expressed behaviourally as anhedonia and tied to altered reward circuitry, is a core feature that the purely negative-bias account underweights (Pizzagalli, 2014). The cognitive vulnerability these biases constitute is, on the broader view, the same vulnerability that marks several emotional disorders, differing in content rather than in kind (Mathews & MacLeod, 2005).

Rumination and the Response-Styles Theory

Why does a depressed mood, once present, last days or months rather than hours? Nolen-Hoeksema’s response-styles theory gave the most influential answer: what prolongs a low mood is how a person responds to it. Rumination — repetitively and passively focusing on one’s symptoms of distress and on their meanings and causes, without moving to action — reliably intensifies and prolongs depressed mood, whereas distraction and active problem-solving shorten it (Nolen-Hoeksema, 1991). The theory also helped explain the gender difference in depression rates, women being more likely than men to respond to low mood with rumination.

A broad body of work since then has established rumination as a transdiagnostic maintaining mechanism and clarified how it does its damage: it enhances the mood-congruent memory and interpretation biases, impairs problem-solving, and recruits the same deficits of cognitive control that mark the biases above (Nolen-Hoeksema et al., 2008). It overlaps conceptually with the broader phenomenon of negative, self-focused spontaneous thought — the dark side of the wandering mind — which marks vulnerability to mood disorder (Marchetti et al., 2016), and it is now framed as one face of impaired emotion regulation, a habitual but counterproductive strategy for managing distress (Joormann & Stanton, 2016). The demonstration below contrasts a ruminative and a distracting response to the same initial low mood and traces the two mood trajectories over time.

Rumination versus distraction: two responses to the same low mood

Set how low the mood starts. Both trajectories begin at exactly that point; the only difference is the response to it. Rumination — passively dwelling on the distress and its causes — holds the mood down and can deepen it; distraction and active problem-solving let it recover.

lowoktime →ruminate (62)distract (1)
Both responses start at a deficit of 50. After 10 steps rumination leaves it at 62 while distraction has brought it to 1. The low mood is the same input; the response decides how long it lasts.

Rumination feels like working on the problem, but it amplifies the memory and interpretation biases and impairs the problem-solving it mimics — which is why the ruminative trajectory does not recover.

Worked Example

How does explanatory style become a number that can predict risk? The Attributional Style Questionnaire presents hypothetical bad events and asks the respondent to rate the single most likely cause of each on three 7-point dimensions: internality (1 external, 7 internal), stability (1 unstable, 7 stable), and globality (1 specific, 7 global). The composite negative score, CoNeg, is the mean of all these ratings, and a higher value marks the more depressogenic, pessimistic style (Peterson & Seligman, 1984).

Consider a respondent who rates three negative events. For the first the cause is scored 6 (internality), 5 (stability), 7 (globality); for the second, 5, 6, 6; for the third, 6, 7, 6. Each event’s composite is the mean of its three ratings:

event 1: (6 + 5 + 7) / 3 = 6.00, event 2: (5 + 6 + 6) / 3 ≈ 5.67, event 3: (6 + 7 + 6) / 3 ≈ 6.33.

The overall CoNeg is the mean of all nine ratings, which sum to 54:

54 / 9 = 6.00.

On a scale whose midpoint is 4.0 and whose maximum is 7.0, a composite of 6.0 sits at 6.0 / 7 ≈ 85.7% of the ceiling — a strongly pessimistic explanatory style, well above the midpoint that would mark an even-handed one. For contrast, an optimistic respondent attributing the same events to external, unstable, specific causes (ratings around 2 to 3) would score near 2.33. The arithmetic makes the theory’s logic explicit: it is the consistent tilt of the three dimensions toward the internal, stable, and global pole — not the severity of any single event — that defines the cognitive vulnerability, and it is a stable feature a person carries into whatever bad events the future brings (Abramson et al., 1989).

Discussion

The cognitive study of depression has produced not one theory but a layered and largely complementary set. Beck’s model supplies the architecture — schemas, the triad, and the distortions that link them to experience — and locates vulnerability in the content of belief (Beck, 1963; Beck, 2008). The hopelessness tradition isolates one especially potent kind of belief, the pessimistic explanatory style, and shows it operating as a measurable, prospective risk factor (Abramson et al., 1989; Peterson & Seligman, 1984). The information-processing literature specifies the mechanics — the attention, memory, and interpretation biases, and the control failures beneath them — that implement the schema in real time (Gotlib & Joormann, 2010; Joormann & Stanton, 2016). The response-styles theory explains maintenance and duration (Nolen-Hoeksema, 1991). And the stress literature supplies the triggering context, showing that life stress, often itself partly generated by the depressed person’s circumstances, is what activates the latent vulnerability (Hammen, 2005).

The most significant recent movement is integrative, drawing these cognitive levels together with their neural and evolutionary substrates. Beck and Bredemeier proposed a unified model in which the cognitive biases, the circuitry that implements them, and the evolutionary logic of withdrawal after perceived loss are three descriptions of a single system (Beck & Bredemeier, 2016), and the neuroscience of the cognitive model has matured in parallel (Disner et al., 2011; Clark & Beck, 2010). Open questions remain about the direction of causation — whether the biases are cause, consequence, or both of low mood — and about how the negative-bias and reward-deficit strands fit together, since anhedonia is not obviously reducible to negative processing (Pizzagalli, 2014). What is broadly agreed is the organizing claim: depressed mood and depressed cognition are not two things but a coupled system, which is why intervening on thought can change feeling.

Current Directions

The most active current front joins cognitive science to biology. Work on the prefrontal cortex and depression maps the regulation failures of the cognitive-control account onto specific circuits and asks how their dysfunction produces the negative bias and the reward deficit together, pointing toward mechanistic and potentially circuit-targeted treatment (Pizzagalli & Roberts, 2022). In parallel, the effort to connect the cognitive and biological sciences of depression has become a program in its own right, tracing how psychological stress is transduced into the neural and cognitive changes that confer risk (LeMoult, 2020).

A second direction refines the maintenance story. Rumination is increasingly studied as one instance of the broader phenomenon of maladaptive spontaneous thought, inviting methods that sample the content and dynamics of the wandering mind to predict who will become or stay depressed (Marchetti et al., 2016). Across both fronts the practical agenda is the same: to convert the well-mapped cognitive vulnerabilities into earlier detection and into treatments, cognitive and biological, that act on the mechanism rather than only the mood (LeMoult & Gotlib, 2019).

Common Misconceptions

Depression is just sadness, or simply a chemical imbalance.
Cognitive psychology treats depression as a disorder of information processing — biased attention, memory, interpretation, and belief — coupled to affect and to neural function, not as a mood or a neurotransmitter level in isolation (Beck & Bredemeier, 2016; Disner et al., 2011).
Depressed people simply see themselves more negatively than reality warrants.
The picture is more interesting. In some contingency-judgment tasks mildly depressed people were actually more accurate than non-depressed people, who showed an optimistic illusion of control — the depressive-realism or sadder-but-wiser finding, which complicates any simple distortion account (Alloy & Abramson, 1979).
Rumination is helpful problem-solving — thinking hard about what is wrong.
It is the opposite. Passively dwelling on symptoms and their causes prolongs and deepens low mood, impairs actual problem-solving, and amplifies negative thinking, whereas active problem-solving and distraction shorten the episode (Nolen-Hoeksema, 1991; Nolen-Hoeksema et al., 2008).
The MeSH term Depression means clinical depressive disorder.
MeSH indexes Depression as an affective symptom — a low-mood state of usually moderate intensity — and indexes the clinical syndrome under the separate descriptor Depressive Disorder. The two are related but not identical, and conflating them blurs the difference between an ordinary low mood and a diagnosable episode (LeMoult & Gotlib, 2019).

Glossary

Anhedonia.
A markedly reduced capacity to experience pleasure or to respond to reward; a core feature of depression tied to altered reward circuitry and not reducible to negative mood alone.
Attributional style.
A person’s habitual way of explaining events along the internal, stable, and global dimensions; a pessimistic style for bad events is a cognitive vulnerability to depression.
Automatic thoughts.
The involuntary, momentary negative appraisals that surface in consciousness in depression; the proximate expression of an active schema and the direct target of cognitive therapy.
Cognitive distortion.
A systematic error of reasoning — overgeneralization, selective abstraction, catastrophizing — through which a negative schema processes experience to confirm itself.
Cognitive vulnerability.
A stable, trait-like feature of cognition — a negative schema or pessimistic explanatory style — that predisposes a person to depression when activated by a matching stressor.
Depression.
As indexed by MeSH, an affective symptom of low, dysphoric mood of usually moderate intensity; distinguished from the clinical syndrome of depressive disorder.
Depressive realism.
The finding that mildly depressed people can judge contingency and control more accurately than non-depressed people, who hold an optimistic illusion; the sadder-but-wiser effect.
Diathesis-stress.
The framework in which disorder arises from the conjunction of a latent vulnerability (diathesis) and a precipitating stressor, neither sufficient alone; the form of Beck’s and the hopelessness models.
Hopelessness depression.
A proposed subtype whose proximal cause is the expectation that desired outcomes will not occur and that one is helpless to change this, generated by a negative inferential style under stress.
Learned helplessness.
The passivity that follows exposure to uncontrollable events; its cognitive reformulation holds that the depressogenic effect depends on how the person explains the uncontrollability.
Mood-congruent memory.
The bias whereby information matching the current mood is encoded and retrieved more readily; in depression, the preferential recall of negative material.
Negative cognitive triad.
In Beck’s model, the depressed person’s negative view of the self, the world, and the future; the content imposed by an activated negative schema.
Rumination.
A response style of repetitively and passively dwelling on one’s distress symptoms and their causes; it prolongs and deepens depressed mood and impairs problem-solving.
Schema.
A stored, organizing structure of knowledge and belief; in depression, a latent negative self-schema that, once activated, governs attention, interpretation, and memory.

Key Researchers

Lyn Y. Abramson

(University of Wisconsin–Madison). Co-author of the reformulated learned-helplessness theory and the hopelessness theory of depression, and co-developer of the cognitive vulnerability-stress model. Google Scholar - University of Wisconsin–Madison - Wikipedia - Wikidata

Lauren B. Alloy

(Temple University). Author with Abramson of the depressive-realism studies and of the long-running cognitive-vulnerability-to-depression project. ORCID - Google Scholar - Wikipedia - Wikidata

Aaron T. Beck

(University of Pennsylvania; Beck Institute). Originated the cognitive model of depression — the negative cognitive triad, dysfunctional schemas, and the cognitive distortions — and founded cognitive therapy on it. Wikipedia - Wikidata

Ian H. Gotlib

(Stanford University). Leads cognitive and biological research on attention and memory biases in depression and co-authored the field’s standard synthesis of cognition and depression. ORCID - Stanford University - Wikipedia - Wikidata

Jutta Joormann

(Yale University). Works on cognitive control, rumination, and emotion regulation in depression, linking the maintenance of low mood to failures of control over emotional material. Google Scholar - Yale University - Wikidata

Joelle LeMoult

(University of British Columbia). Author of the cognitive-perspective synthesis of depression (with Gotlib) and of work tracing the path from psychological stress to depression. ORCID - Google Scholar - University of British Columbia

Susan Nolen-Hoeksema

(Yale University). Originated the response-styles theory of rumination in depression and showed rumination’s role in prolonging episodes and in the gender difference in depression. Wikipedia - Wikidata

Diego A. Pizzagalli

(University of California, Irvine). Author of the synthesis of depression, stress, and anhedonia and of work on prefrontal cortex and reward dysfunction in depression. ORCID - Google Scholar - University of California, Irvine - Wikipedia - Wikidata

Martin E. P. Seligman

(University of Pennsylvania). Discoverer of learned helplessness and, with Abramson and Teasdale, its human reformulation; later developed explanatory-style theory and positive psychology. University of Pennsylvania - Google Scholar - Wikipedia - Wikidata

Frequently Asked Questions

What does cognitive psychology mean by depression?

It means the affective symptom of low, dysphoric mood — sadness, loss of interest, pessimism — treated as a disorder of information processing: biased attention, memory, interpretation, and belief coupled to mood and to neural function. MeSH indexes this symptom separately from the clinical syndrome of depressive disorder (Beck, 2008; LeMoult & Gotlib, 2019).

What is the negative cognitive triad?

It is the content of depressed thinking in Beck’s model: a negative view of the self (worthless or deficient), of the world or current experience (defeating), and of the future (hopeless). An activated negative schema imposes the triad and the reasoning distortions that keep it in place (Beck, 1963).

How do schemas cause depression?

Negative self-schemas are latent beliefs laid down by early adverse experience. A stressful event matching their theme activates them, and once active they bias what is attended to, how it is interpreted, and what is recalled, so that experience is filtered to confirm the negative belief — a diathesis-stress mechanism (Beck, 2008; Clark & Beck, 2010).

What is learned helplessness and how does it relate to depression?

Learned helplessness is the passivity that follows uncontrollable events. Its cognitive reformulation holds that the depressogenic effect depends on explanation: attributing bad events to internal, stable, and global causes produces the expectation of helplessness that issues in depressed mood (Abramson et al., 1978).

What is a pessimistic explanatory style?

It is the habitual tendency to explain bad events as caused by oneself (internal), by factors that will persist (stable), and by factors that affect many domains (global). Measured as a composite, it functions as a prospective risk factor for depression, not merely a symptom of it (Peterson & Seligman, 1984; Abramson et al., 1989).

Why does rumination make depression worse?

Passively dwelling on one’s symptoms and their causes amplifies mood-congruent memory and interpretation biases, impairs problem-solving, and sustains the low mood, whereas distraction and active problem-solving shorten it. Rumination is now seen as a maladaptive emotion-regulation strategy (Nolen-Hoeksema, 1991; Joormann & Stanton, 2016).

Are depressed people simply less realistic?

Not straightforwardly. In some contingency-judgment experiments mildly depressed people were more accurate than non-depressed people, who overestimated their control — the depressive-realism or sadder-but-wiser finding, which complicates any simple account of depression as distorted perception (Alloy & Abramson, 1979).

How do cognitive and biological accounts of depression fit together?

Modern integrative models treat the cognitive biases, the prefrontal-limbic and reward circuitry that implement them, and the evolutionary logic of withdrawal after loss as descriptions of one system, and trace how psychological stress is transduced into the neural and cognitive changes that confer risk (Beck & Bredemeier, 2016; Pizzagalli & Roberts, 2022; LeMoult, 2020).

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