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{
    "pk": 26921,
    "title": "An automatic method for discovering rational heuristics for risky choice",
    "subtitle": null,
    "abstract": "What is the optimal way to make a decision given that yourtime is limited and your cognitive resources are bounded? Toanswer this question, we formalized the bounded optimal de-cision process as the solution to a meta-level Markov deci-sion process whose actions are costly computations. We ap-proximated the optimal solution and evaluated its predictionsagainst human choice behavior in the Mouselab paradigm,which is widely used to study decision strategies. Our compu-tational method rediscovered well-known heuristic strategiesand the conditions under which they are used, as well as novelheuristics. A Mouselab experiment confirmed our model’smain predictions. These findings are a proof-of-concept thatoptimal cognitive strategies can be automatically derived as therational use of finite time and bounded cognitive resources.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "Decision-Making; Heuristics; Bounded Rational-ity; Strategy Selection; Rational Metareasoning"
        }
    ],
    "section": "Talks: Papers",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/721295xk",
    "frozenauthors": [
        {
            "first_name": "Falk",
            "middle_name": "",
            "last_name": "Lieder",
            "name_suffix": "",
            "institution": "University of California Berkeley",
            "department": ""
        },
        {
            "first_name": "Paul",
            "middle_name": "M.",
            "last_name": "Krueger",
            "name_suffix": "",
            "institution": "University of California Berkeley",
            "department": ""
        },
        {
            "first_name": "Thomas",
            "middle_name": "L.",
            "last_name": "Griffiths",
            "name_suffix": "",
            "institution": "University of California Berkeley",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2017-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/26921/galley/16557/download/"
        }
    ]
}