Decision from Models: Generalizing Probability Information to Novel Tasks.

ABSTRACT: We investigate a new type of decision under risk where-to succeed-participants must generalize their experience in one set of tasks to a novel set of tasks. We asked participants to trade distance for reward in a virtual minefield where each successive step incurred the same fixed probability of failure (referred to as hazard). With constant hazard, the probability of success (the survival function) decreases exponentially with path length. On each trial, participants chose between a shorter path with smaller reward and a longer (more dangerous) path with larger reward. They received feedback in 160 training trials: encountering a mine along their chosen path resulted in zero reward and successful completion of the path led to the reward associated with the path chosen. They then co

SUBMITTER: Zhang H 

PROVIDER: S-EPMC4300983 | biostudies-literature | 2015 Jan

REPOSITORIES: biostudies-literature