Decision making Flashcards
What is the prediction-choice-outcome loop?
We start out with a goal that we we’d like to achieve, that ultimately requires us to make a decision
If there are several options, how to achieve this goal, we make predictions about the outcome of different options
We then form a decision and make appropriate actions that should get us closer to our goal
The result of these actions will be an action outcome that we observe
This outcome will be subjected to internal monitoring processes where we evaluate, if our decision and the corresponding actions have actually achieved our goal (or at least brought us closer to it). If we haven’t reached our goal, our brain seems to generate a prediction error, i.e. a signal indicating how large the discrepancy is between what we had predicted originally and what the actual outcome was.
Importantly, the result of this monitoring process, the prediction error, can be used to update our memory based on the experience we have just made. This updated memory content can then be used to make more precise predictions the next time when we face the same or a similar choice.
What is prediction error?
The result of the monitoring process where we evaluate if our decisions have actually achieved our goal. If the goal has not been achieved, it is said to be a prediction error.
What factors need to be considered before making a decision?
- The difficulty of the action (Effort)
- The probability of success and failure
- The value of a choice
- Missed opportunities
What are the biases observed in decision making?
- To stick with your default option
- To choose certain gains over gambles
- To choose gambles over certain losses
- Temporal discounting: The phenomenon that individuals value a reward less if they have to wait for longer
What are the different level of decision making?
Simple perceptual decisions
More complex decisions
How is perceptual decision making studied?
Using simple perceptual tasks
What is evidence accumulation?
The more a chosen phenomenon is observed (either directly or indirectly using imaging studies) to occur, the steeper the evidence accumulation curve becomes. When it reaches the threshold, a response happens.
What happens if a stimulus is noisy?
The evidence accumulation curves reach the destination faster and may lead to incorrect decisions. This especially happens if the accumulation for the less dominant process reaches the threshold first.
What are the stages of perceptual decision making?
- Detection of sensory evidence
- Integration of evidence over time
- Checking if the threshold has been reached (if not, get more evidence).
Where does evidence accumulation take place?
Brain areas responsible for coding the relevant feature, such as Mt/V5 for motion. Or in the parietal and dorsal prefrontal cortex areas. Sensorimotor areas show evidence of evidence accumulation as well.
What is a mental map?
An internal representation stored in our memory that guides us with the different options present. This model helps us predict the different outcomes of the available options. In order for these models to be as accurate as possible, new experiences that contribute to the accuracy of the models need to be regularly added.
Edward Tolman
Rats were put in a maze where a path from A to B was blocked. When the blockage was removed, the rats knew to use the path, which means that they had encoded transitive relations of the different locations in their mental representations of the maze.
In what contexts are these mental maps used?
Spatial tasks and problem solving
What are problems (in this context)?
A series of decisions
Hippocampus
Stores long-term memory and is thus important for decision making