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{ "pk": 50383, "title": "The Decision Environment and Confidence in Experiential Risky Choice", "subtitle": null, "abstract": "We investigated how the decision environment influences choice and confidence in a binary decisions-from-experience (DfE) task. We manipulated four aspects of the decision environment: option composition (safe vs. risky; SR, or risky vs. risky; RR), the riskiness of the EV-maximizing choice, feedback type (partial or full), and problem order (SR before or after RR). We found that participants made more EV-maximizing choices and were more confident in SR environments and when the EV-maximizing choice was the safer option. Participants' behavior was influenced by their understanding of the payoff structure: confidence dropped sharply after discovering a previously unexpected outcome, and experiencing RR first led to over-sampling and reduced rewards in later SR environments. A computational model incorporating choice and reward history provided a unifying explanation for these patterns. Our results shed light on how decision environment features interact to shape sampling biases, subsequently altering learning and decision-making outcomes.", "language": "eng", "license": { "name": "", "short_name": "", "text": null, "url": "" }, "keywords": [ { "word": "Decision making; Learning" } ], "section": "Member Abstracts with Poster Presentation", "is_remote": true, "remote_url": "https://escholarship.org/uc/item/87r546p2", "frozenauthors": [ { "first_name": "Kuang-Heng", "middle_name": "", "last_name": "Li", "name_suffix": "", "institution": "University of Warwick", "department": "" }, { "first_name": "Prisca S.", "middle_name": "", "last_name": "Han", "name_suffix": "", "institution": "University of Warwick", "department": "" }, { "first_name": "Wenjia Joyce", "middle_name": "", "last_name": "Zhao", "name_suffix": "", "institution": "University of Warwick", "department": "" }, { "first_name": "Emmanouil", "middle_name": "", "last_name": "Konstantinidis", "name_suffix": "", "institution": "University of Warwick", "department": "" } ], "date_submitted": null, "date_accepted": null, "date_published": "2025-01-01T18:00:00Z", "render_galley": null, "galleys": [ { "label": "PDF", "type": "pdf", "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/50383/galley/38345/download/" } ] }