Stochastic satisficing account of confidence in uncertain value-based decisions.

Every day we make choices under uncertainty; choosing what route to work or which queue in a supermarket to take, for example. It is unclear how outcome variance, e.g. uncertainty about waiting time in a queue, affects decisions and confidence when outcome is stochastic and continuous. How does one...

Full description

Bibliographic Details
Main Authors: Uri Hertz, Bahador Bahrami, Mehdi Keramati
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2018-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC5886535?pdf=render