A temporal basis for Weber's law in value perception.

ABSTRACT: Weber's law-the observation that the ability to perceive changes in magnitudes of stimuli is proportional to the magnitude-is a widely observed psychophysical phenomenon. It is also believed to underlie the perception of reward magnitudes and the passage of time. Since many ecological theories state that animals attempt to maximize reward rates, errors in the perception of reward magnitudes and delays must affect decision-making. Using an ecological theory of decision-making (TIMERR), we analyze the effect of multiple sources of noise (sensory noise, time estimation noise, and integration noise) on reward magnitude and subjective value perception. We show that the precision of reward magnitude perception is correlated with the precision of time perception and that Weber's law in time estim

SUBMITTER: Namboodiri VM 

PROVIDER: S-EPMC4196632 | biostudies-literature | 2014

REPOSITORIES: biostudies-literature