Decision making : neural and behavioural approaches / edited by V.S. Chandrasekhar Pammi, Centre of Behavioural and Cognitive Sciences, University of Allahabad, Allahabad, India, Narayanan Srinivasan, Centre of Behavioural and Cognitive Sciences, University of Allahabad, Allahabad, India.

Format:

Book

Contributor:

Pammi, V. S. Chandrasekhar, editor.

Srinivasan, Narayanan, editor.

Series:

Progress in brain research ; v. 202.

Progress in brain research ; 202

Language:

English

Subjects (All):

Decision making.

Cognitive neuroscience.

Physical Description:

1 online resource (xxv, 506 pages) : illustrations (some color).

Place of Publication:

Amsterdam : Elsevier, 2013.

Language Note:

English

Summary:

This well-established international series examines major areas of basic and clinical research within neuroscience, as well as emerging and promising subfields.This volume explores interdisciplinary research on decision making taking a neural and behavioural approach*Leading authors review the state-of-the-art in their field of investigation, and provide their views and perspectives for future research*Chapters are extensively referenced to provide readers with a comprehensive list of resources on the topics covered*All chapters include comprehensive background information and

Contents:

Front Cover; Decision Making: Neural and Behavioural Approaches; Copyright; Contributors; Preface; Acknowledgments; Contents; Section 1: Behavioral approaches; Chapter 1: Surprise: A belief or an emotion?; Abstract; Keywords; 1. Shifting reference points; 2. Loss aversion; 3. Errors in beliefs; 4. Cross-cultural differences in surprise; 5. Conclusion; References; Chapter 2: The impact of affect on willingness-to-pay and desired-set-size; Abstract; Keywords; 1. Affect and economic decisions: Background; 2. Affect and economic decisions: New experiment; 2.1. Method; 2.2. Results

3. Discussion: Affect and rationalityAcknowledgments; References; Chapter 3: Role of affect in decision making; Abstract; Keywords; 1. Introduction; 2. Affect in decision making; 3. Theoretical frameworks; 4. Incidental emotions and decision making; 5. Method; 6. Results; 7. Discussion; 8. Concluding remarks; Acknowledgment; References; Chapter 4: Mind the gap? Description, experience, and the continuum of uncertainty in risky choice; Abstract; Keywords; 1. What is the description-experience choice ``gap ́ ́?; 2. What are the causes of the description-experience choice ``gap ́ ́?

2.1. Differences in acquired information?2.2. Differences in how acquired information is stored?; 2.3. Differences in how probability information is represented in the mind?; 2.4. Differences in how the representations are contrasted to make a choice?; 3. Where do we go from here?; References; Chapter 5: The boundaries of instancebased learning theory for explaining decisions from experience; Abstract; Keywords; 1. The boundaries of instance-based learning theory to explaining decisions from experience; 2. Instance-based learning theory; 3. IBLT and IBL models

4. The IBL model of repeated risky choice5. What the IBL model explains and what it does not explain; 6. What the IBL model explains; 7. The payoff variability, underweighting of rare events, and loss rate effects; 7.1. A replication of Erev and Barron's payoff variability effect in three problems and IBL model predictions; 7.2. Additional demonstrations of IBL predictions of the Payoff Variability, underweighting of rare events, and loss rate ...; 7.3. Addressing individual differences; 7.4. Probability matching effect; 7.5. Adaptation to nonstationary environments

8. What the IBL model does not explain8.1. Pure risk aversion; 8.2. More risk seeking in losses compared to gain domains; 8.3. Emotions, social, and noncognitive effects; 9. Conclusions; Acknowledgments; References; Chapter 6: The experience-description gap and the role of the inter decision interval; Abstract; Keywords; 1. Under-representation, mere presentation, dynamic beliefs, and estimated risk; 2. The role of the inter decision interval; 2.1. Experiment 1; 2.1.1. Method; 2.1.2. Results; 2.2. Experiment 2; 2.2.1. Method; 2.2.2. Results; 2.3. Experiment 3; 2.3.1. Method; 2.3.2. Results

3. Discussion

Notes:

"ISSN: 0079-6123."

Includes bibliographical references and index.

Description based on publisher supplied metadata and other sources.

ISBN:

9781283958790

1283958791

9780444626073

0444626077

OCLC:

828725255