Schwartenbeck, P;
FitzGerald, TH;
Mathys, C;
Dolan, R;
Kronbichler, M;
Friston, K;
(2015)
Evidence for surprise minimization over value maximization in choice behavior.
Scientific Reports
, 5
, Article 16575. 10.1038/srep16575.
Text
Evidence for surprise minimization over value maximization in choice behavior.pdf - Published Version Download (913kB) |
Abstract
Classical economic models are predicated on the idea that the ultimate aim of choice is to maximize utility or reward. In contrast, an alternative perspective highlights the fact that adaptive behavior requires agents' to model their environment and minimize surprise about the states they frequent. We propose that choice behavior can be more accurately accounted for by surprise minimization compared to reward or utility maximization alone. Minimizing surprise makes a prediction at variance with expected utility models; namely, that in addition to attaining valuable states, agents attempt to maximize the entropy over outcomes and thus 'keep their options open'. We tested this prediction using a simple binary choice paradigm and show that human decision-making is better explained by surprise minimization compared to utility maximization. Furthermore, we replicated this entropy-seeking behavior in a control task with no explicit utilities. These findings highlight a limitation of purely economic motivations in explaining choice behavior and instead emphasize the importance of belief-based motivations.
Type: | Article |
---|---|
Title: | Evidence for surprise minimization over value maximization in choice behavior |
Location: | England |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1038/srep16575 |
Publisher version: | http://dx.doi.org/10.1038/srep16575 |
Language: | English |
Additional information: | This work is licensed under a Creative Commons Attribution 4.0 International License. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in the credit line; if the material is not included under the Creative Commons license, users will need to obtain permission from the license holder to reproduce the material. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/ |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > UCL Queen Square Institute of Neurology UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > UCL Queen Square Institute of Neurology > Imaging Neuroscience |
URI: | https://discovery.ucl.ac.uk/id/eprint/1476094 |
Archive Staff Only
View Item |