DocumentCode
2960832
Title
A network model of rational versus irrational choices on a probability maximization task
Author
Levine, Daniel S. ; Perlovsky, Leonid I.
Author_Institution
Dept. of Psychol., Univ. of Texas at Arlington, Arlington, TX
fYear
2008
fDate
1-8 June 2008
Firstpage
2820
Lastpage
2824
Abstract
Humans have a drive to maximize knowledge of the world, yet decision making data also suggest a contrary drive to minimize cognitive effort using simplifying heuristics. The trade-off between maximizing knowledge and minimizing effort is modeled by simulation of a challenging decision task. The task is to choose which of two gambles has the highest probability of success when the alternative with higher success probability also has lower success frequency.
Keywords
behavioural sciences; decision making; optimisation; probability; cognitive effort; decision making data; irrational choices; network model; probability maximization task; simplifying heuristics; success probability; Biological neural networks; Cognition; Decision making; Frequency; Humans; Neurons; Neuroscience; Physics; Psychology;
fLanguage
English
Publisher
ieee
Conference_Titel
Neural Networks, 2008. IJCNN 2008. (IEEE World Congress on Computational Intelligence). IEEE International Joint Conference on
Conference_Location
Hong Kong
ISSN
1098-7576
Print_ISBN
978-1-4244-1820-6
Electronic_ISBN
1098-7576
Type
conf
DOI
10.1109/IJCNN.2008.4634195
Filename
4634195
Link To Document