Experimentally revealed stochastic preferences for multicomponent choice options.

ABSTRACT: Realistic, everyday rewards contain multiple components. An apple has taste and size. However, we choose in single dimensions, simply preferring some apples to others. How can such single-dimensional preference relationships refer to multicomponent choice options? Here, we measured how stochastic choices revealed preferences for 2-component milkshakes. The preferences were intuitively graphed as indifference curves that represented the orderly integration of the 2 components as trade-off: parts of 1 component were given up for obtaining 1 additional unit of the other component without a change in preference. The well-ordered, nonoverlapping curves satisfied leave-one-out tests, followed predictions by machine learning decoders and correlated with single-dimensional Becker-DeGroot-Marschak

SUBMITTER: Pastor-Bernier A 

PROVIDER: S-EPMC7547871 | biostudies-literature | 2020 Oct

REPOSITORIES: biostudies-literature