Satisficing heuristic
You choose the first option that meets your criteria
Anchoring heuristic
Occurs when you focus on one piece of information when making a decision or solving a problem.
1/34
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
Satisficing heuristic
You choose the first option that meets your criteria
Anchoring heuristic
Occurs when you focus on one piece of information when making a decision or solving a problem.
Diminishing marginal utility
A small increase in utility will not make you significantly more happy when you already have a lot of utility. The more you have, the more you need
Framing effects (brain part)
You actually do a risky choice in a loss frame and a safe choice in a gain frame.
Dorsomedial prefrontal cortex involved in this decisionmaking
Prospect theory
Losing is harder than winning. 2 aspects:
Endowment effect
People ask a higher price for something they own than they are willing to pay in order to buy it
Reward systems
VTA (ventral tegmental area) projects to…?
Where can drugs be linked to regarding rewarding?
Virtually all drugs can be linked to change dopamine activity in the reward circuit
NA in humans is more active when…
Unexpected reinforcement takes place.
Intrinsic motivation
You do it because you like to do it.
Extrinsic motivation
You do it because you get something.
Reward undermining experiment
Finding: activation in the ventral striatum dissapeared in session 2 in people who were rewarded first. → loss of motivation
What information do dopamine neurons encode?
It’s not about the reward itself, but about how to get it.
Monkey motivation paradigm
Monkeys with an electrode in the VTA record single neuron activity
Monkeys are learned to press a pedal to get juice
Then only when a light came on monkeys got the juice
Finding:
First trials, increased VTA response at reward.
Later increased VTA response at cue.
In the absence of the reward, dip in VTA response.
Reward prediction errors
As long as our predictions meet our experiences = nothing
But, when something happens we do not expect, we become alert.
VTA activation is larger when a prediction is false
Unexpected rewards trigger…
ACC
Effects of rewards can be seen…
Throughout the whole brain
Risk (meaning & brain part)
The estimated variance in possible outcomes
Prefrontal cortex:
More activity in anterior insula when….
confronted with standard economic decisions and gain/loss anticipation
More activity in dorsomedial prefrontal cortex when…
confronted with limited information about what decisions should be made
If you do not know the probability of an outcome, a decision involves …
More activity in ….
Ambiguity, dorsolateral prefrontal cortex → more control is needed
Uncertainty due to delay
Temporal discounting
When you have to wait for the reward.
The further in the future, the less the same reward will be worth. Reversed for choices in far future
Dual system model
Social reward monkey experiment
Finding: Male monkeys wanted to pay to look at certain pictures. They had to perceive payment to look at other pictures.
Payment for: Gray squares and low-ranking monkeys
Less payment: High-ranking monkeys and female mating displays
In humans, attractive faces activate…
ventral striatum
ventromedial prefrontal cortex
Prosocial behavior correlates with activity in…
ventral striatum
also in network involved in social cognition
Social cooperation (why, brain parts)
Why?
Iterative prisoners dilemma
Cooperation itself correlated with increased activity in…
Nucleus accumbens
Reciprocity
When you give something, you get something back.
Caudate nucleus related to
trust
Ultimatum games
Research the role of fairness
Unfair offers relate to activation in…
Insula
The more unfair the more activity in insula
Altruistic punishment
Punishing others for violating social norms, even at the cost of your own benefit!
Activation of ventral striatum (including NA)