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 pol...

Full description

Bibliographic Details
Main Authors: Angelo Pirrone, Andreagiovanni Reina, Fernand Gobet
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2021-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/20/201130/jdm201130.pdf