Input-dependent noise can explain magnitude-sensitivity in optimal value-based decision-making

Recent work has derived the optimal policy for two-alternative value-based decisions, in which decision-makers compare the subjective expected reward of two alternatives. Under specific task assumptions — such as linear utility, linear cost of time and constant processing noise — the optimal policy...

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Bibliographic Details
Main Authors: Angelo Pirrone, Andreagiovanni Reina, Fernand Gobet
Format: Article
Language:English
Published: Cambridge University Press 2021-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500008408/type/journal_article