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Identifying identity and attributing value to attributes: reconsidering mechanisms of preference decisions.


ABSTRACT: Although the orbitofrontal cortex (OFC) robustly encodes value during preference decisions, it also encodes multiple non-value features of choice options. The role of this information, and its relationship to the options' overall value remain open questions. In this opinion, we attempt to disentangle oft-studied categories of option information - identity and attributes - in the context of both classic theories of economic choice and contradicting evidence of choice biases in multi-attribute decisions. In doing so, we aim to set forth considerations for understanding the wide variety of decision-relevant information encoded by the OFC during preference decisions.

SUBMITTER: Perkins AQ 

PROVIDER: S-EPMC9635260 | biostudies-literature | 2021 Oct

REPOSITORIES: biostudies-literature

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Identifying identity and attributing value to attributes: reconsidering mechanisms of preference decisions.

Perkins Aster Q AQ   Rich Erin L EL  

Current opinion in behavioral sciences 20210525


Although the orbitofrontal cortex (OFC) robustly encodes value during preference decisions, it also encodes multiple non-value features of choice options. The role of this information, and its relationship to the options' overall value remain open questions. In this opinion, we attempt to disentangle oft-studied categories of option information - identity and attributes - in the context of both classic theories of economic choice and contradicting evidence of choice biases in multi-attribute dec  ...[more]

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