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Economic choice as an untangling of options into actions
We propose that economic choice can be understood as a gradual transformation from a
domain of options to one of the actions. We draw an analogy with the idea of untangling …
domain of options to one of the actions. We draw an analogy with the idea of untangling …
Economic choice: the foraging perspective
Highlights•Foraging provides a basis for modeling economic choice based on
adaptiveness.•Foraging choices are accept–reject; foraging models interpret binary choice …
adaptiveness.•Foraging choices are accept–reject; foraging models interpret binary choice …
Prospection and the present moment: The role of episodic foresight in intertemporal choices between immediate and delayed rewards
Humans are capable of imagining future rewards and the contexts in which they may be
obtained. Functionally, intertemporal choices between smaller but immediate and larger but …
obtained. Functionally, intertemporal choices between smaller but immediate and larger but …
[كتاب][B] Encyclopedia of animal cognition and behavior
J Vonk, TK Shackelford - 2022 - Springer
Organisms with conspicuous patterns are more easily detected by their predators and/or
prey, with consequences for their success when fleeing or preying, respectively …
prey, with consequences for their success when fleeing or preying, respectively …
Decision making: the neuroethological turn
Neuroeconomics applies models from economics and psychology to inform neurobiological
studies of choice. This approach has revealed neural signatures of concepts like value, risk …
studies of choice. This approach has revealed neural signatures of concepts like value, risk …
Postreward delays and systematic biases in measures of animal temporal discounting
Intertemporal choice tasks, which pit smaller/sooner rewards against larger/later ones, are
frequently used to study time preferences and, by extension, impulsivity and self-control …
frequently used to study time preferences and, by extension, impulsivity and self-control …
Time discounting and time preference in animals: A critical review
Animals are an important model for studies of impulsivity and self-control. Many studies have
made use of the intertemporal choice task, which pits small rewards available sooner …
made use of the intertemporal choice task, which pits small rewards available sooner …
The foraging brain
Highlights•Foraging theory describes the optimizing behavior of animals seeking
food.•Foraging animals make ethologically relevant and neurally interesting decisions.•In …
food.•Foraging animals make ethologically relevant and neurally interesting decisions.•In …
Monkeys are more patient in a foraging task than in a standard intertemporal choice task
Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of
delayed rewards–often on the order of a 50% reduction in value in a few seconds. Because …
delayed rewards–often on the order of a 50% reduction in value in a few seconds. Because …
On the flexibility of basic risk attitudes in monkeys
Monkeys and other animals appear to share with humans two risk attitudes predicted by
prospect theory: an inverse-S-shaped probability-weighting (PW) function and a steeper …
prospect theory: an inverse-S-shaped probability-weighting (PW) function and a steeper …