Yu, Angela J ; Huang, He
Hrsg.: Department of Cognitive Science University of California, San Diego (2014)
Maximizing masquerading as matching: Statistical learning and decision-making in choice behavior.
In: Decision, 1 (4)
doi: https://psycnet.apa.org/doi/10.1037/dec0000013
Artikel, Bibliographie
Kurzbeschreibung (Abstract)
There has been a long-running debate over whether humans match or maximize when faced with differentially rewarding options under conditions of uncertainty. While maximizing, i.e. consistently choosing the most rewarding option, is theoretically optimal, humans have often been observed to match, i.e. allocating choices stochastically in proportion to the underlying reward rates. Previous models assumed matching behavior to arise from biological limitations or heuristic decision strategies; this, however, would stand in curious contrast to the accumulating evidence that humans have sophisticated machinery for tracking environmental statistics. It begs the questions of why the brain would build sophisticated representations of environmental statistics, only then to adopt a heuristic decision policy that fails to take full advantage of that information. Here, we revisit this debate by presenting data from a novel visual search task, which are shown to favor a particular Bayesian inference and decision-making account over other heuristic and normative models. Specifically, while subjects’ first-fixation strategy appears to indicate matching in aggregate data, they actually maximize on a finer, trial-by-trial timescale, based on continuously updated internal beliefs about the spatial distribution of potential target locations. In other words, matching-like stochasticity in human visual search is neither random nor heuristics-based, but due specifically to fluctuating beliefs about stimulus statistics. These results not only shed light on the matching versus maximizing debate, but also more broadly on human decision-making strategies under conditions of uncertainty.
| Typ des Eintrags: | Artikel |
|---|---|
| Erschienen: | 2014 |
| Autor(en): | Yu, Angela J ; Huang, He |
| Art des Eintrags: | Bibliographie |
| Titel: | Maximizing masquerading as matching: Statistical learning and decision-making in choice behavior |
| Sprache: | Englisch |
| Publikationsjahr: | 2014 |
| Ort: | Washington, DC |
| Verlag: | American Psychological Association |
| Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Decision |
| Jahrgang/Volume einer Zeitschrift: | 1 |
| (Heft-)Nummer: | 4 |
| DOI: | https://psycnet.apa.org/doi/10.1037/dec0000013 |
| URL / URN: | https://psycnet.apa.org/record/2014-43785-003 |
| Zugehörige Links: | |
| Kurzbeschreibung (Abstract): | There has been a long-running debate over whether humans match or maximize when faced with differentially rewarding options under conditions of uncertainty. While maximizing, i.e. consistently choosing the most rewarding option, is theoretically optimal, humans have often been observed to match, i.e. allocating choices stochastically in proportion to the underlying reward rates. Previous models assumed matching behavior to arise from biological limitations or heuristic decision strategies; this, however, would stand in curious contrast to the accumulating evidence that humans have sophisticated machinery for tracking environmental statistics. It begs the questions of why the brain would build sophisticated representations of environmental statistics, only then to adopt a heuristic decision policy that fails to take full advantage of that information. Here, we revisit this debate by presenting data from a novel visual search task, which are shown to favor a particular Bayesian inference and decision-making account over other heuristic and normative models. Specifically, while subjects’ first-fixation strategy appears to indicate matching in aggregate data, they actually maximize on a finer, trial-by-trial timescale, based on continuously updated internal beliefs about the spatial distribution of potential target locations. In other words, matching-like stochasticity in human visual search is neither random nor heuristics-based, but due specifically to fluctuating beliefs about stimulus statistics. These results not only shed light on the matching versus maximizing debate, but also more broadly on human decision-making strategies under conditions of uncertainty. |
| Fachbereich(e)/-gebiet(e): | 03 Fachbereich Humanwissenschaften 03 Fachbereich Humanwissenschaften > Institut für Psychologie |
| Hinterlegungsdatum: | 01 Nov 2023 11:23 |
| Letzte Änderung: | 15 Nov 2023 12:43 |
| PPN: | 512992223 |
| Zugehörige Links: | |
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