Anticipation and choice heuristics in the dynamic consumption of pain relief.

Humans frequently need to allocate resources across multiple time-steps. Economic theory proposes that subjects do so according to a stable set of intertemporal preferences, but the computational demands of such decisions encourage the use of formally less competent heuristics. Few empirical studies...

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Bibliographic Details
Main Authors: Giles W Story, Ivo Vlaev, Peter Dayan, Ben Seymour, Ara Darzi, Raymond J Dolan
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2015-03-01
Series:PLoS Computational Biology
Online Access:https://doi.org/10.1371/journal.pcbi.1004030