Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures

Do decisions from description and from experience trigger different cognitive processes? We investigated this general question using cognitive modeling, eye-tracking, and physiological arousal measures. Three novel findings indeed suggest qualitatively different processes between the two types of de...

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Main Authors: Andreas eGlöckner, Susann eFiedler, Guy eHochman, Shahar eAyal, Benjamin eHilbig
Format: Article
Language:English
Published: Frontiers Media S.A. 2012-06-01
Series:Frontiers in Psychology
Subjects:
Online Access:http://journal.frontiersin.org/Journal/10.3389/fpsyg.2012.00173/full
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author Andreas eGlöckner
Susann eFiedler
Guy eHochman
Shahar eAyal
Benjamin eHilbig
author_facet Andreas eGlöckner
Susann eFiedler
Guy eHochman
Shahar eAyal
Benjamin eHilbig
author_sort Andreas eGlöckner
collection DOAJ
description Do decisions from description and from experience trigger different cognitive processes? We investigated this general question using cognitive modeling, eye-tracking, and physiological arousal measures. Three novel findings indeed suggest qualitatively different processes between the two types of decisions. First, comparative modeling indicates that evidence accumulation models assuming averaging of all fixation-sampled outcomes predict choices best in decisions from experience, whereas Cumulative Prospect Theory predicts choices best in decisions from descriptions. Second, arousal decreased with increasing difference in expected value between gambles in description-based choices but not in experience. Third, the relation between attention and subjective weights given to outcomes was stronger for experience-based than for description-based tasks. Overall, our results indicate that processes in experience-based risky choice can be captured by sampling-and-averaging evidence accumulation model. This model cannot be generalized to description-based decisions, in which more complex mechanisms are involved.
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spelling doaj.art-708fc84936bc477f959970f12eac62b82022-12-22T00:26:54ZengFrontiers Media S.A.Frontiers in Psychology1664-10782012-06-01310.3389/fpsyg.2012.0017320976Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological MeasuresAndreas eGlöckner0Susann eFiedler1Guy eHochman2Shahar eAyal3Benjamin eHilbig4Max Planck Institute for Research on Collective GoodsMax Planck Institute for Research on Collective GoodsDuke UniversityIDC HerzliyaUniversity of MannheimDo decisions from description and from experience trigger different cognitive processes? We investigated this general question using cognitive modeling, eye-tracking, and physiological arousal measures. Three novel findings indeed suggest qualitatively different processes between the two types of decisions. First, comparative modeling indicates that evidence accumulation models assuming averaging of all fixation-sampled outcomes predict choices best in decisions from experience, whereas Cumulative Prospect Theory predicts choices best in decisions from descriptions. Second, arousal decreased with increasing difference in expected value between gambles in description-based choices but not in experience. Third, the relation between attention and subjective weights given to outcomes was stronger for experience-based than for description-based tasks. Overall, our results indicate that processes in experience-based risky choice can be captured by sampling-and-averaging evidence accumulation model. This model cannot be generalized to description-based decisions, in which more complex mechanisms are involved.http://journal.frontiersin.org/Journal/10.3389/fpsyg.2012.00173/fullRisky choicesDescription vs. Experience GapSamplingEye-trackingEvidence AccumulationProspect Theory
spellingShingle Andreas eGlöckner
Susann eFiedler
Guy eHochman
Shahar eAyal
Benjamin eHilbig
Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
Frontiers in Psychology
Risky choices
Description vs. Experience Gap
Sampling
Eye-tracking
Evidence Accumulation
Prospect Theory
title Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
title_full Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
title_fullStr Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
title_full_unstemmed Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
title_short Processing Differences between Descriptions and Experience: A comparative Analysis using Eye-Tracking and Physiological Measures
title_sort processing differences between descriptions and experience a comparative analysis using eye tracking and physiological measures
topic Risky choices
Description vs. Experience Gap
Sampling
Eye-tracking
Evidence Accumulation
Prospect Theory
url http://journal.frontiersin.org/Journal/10.3389/fpsyg.2012.00173/full
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