Article Instance

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{
    "pk": 27617,
    "title": "Does a present bias influence exploratory choice?",
    "subtitle": null,
    "abstract": "Balancing exploration and exploitation is difficult, and across a wide variety of situations under-exploration ofuncertain alternatives appears prevalent. We propose that one possible cause of under-exploration is present bias, wherebyimmediate rewards (like those gained from exploitation) loom larger than future rewards (like those gained from exploration).This possible cause of under-exploration is not addressed by past studies, in which choices generally yield token rewards thatare converted to money at the end of the experiment, removing the inter-temporal aspect of the decision-making process. Toaddress this issue, we developed an exploratory choice task with immediately-consumed rewards. We then tested whetherwhether imposing a temporal delay before the consumption of rewards increased exploration by decreasing present bias, andreport on our results.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [],
    "section": "Posters: Member Abstracts",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/7b21n3kg",
    "frozenauthors": [
        {
            "first_name": "Alexander",
            "middle_name": "S",
            "last_name": "Rich",
            "name_suffix": "",
            "institution": "New York University",
            "department": ""
        },
        {
            "first_name": "Todd",
            "middle_name": "M",
            "last_name": "Gureckis",
            "name_suffix": "",
            "institution": "New York University",
            "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/27617/galley/17253/download/"
        }
    ]
}