Risk sensitivity for amounts of and delay to rewards: adaptation for uncertainty or by-product of reward rate maximising?

Observations that humans and other species are sensitive to variability in the outcome of their choices has led to the widespread assumption that this sensitivity reflects adaptations to cope with risk (stochasticity of action consequences). We question this assumption in experiments with starlings....

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Bibliographic Details
Main Authors: Shapiro, MS, Schuck-Paim, C, Kacelnik, A
Format: Journal article
Language:English
Published: 2012