Computational modeling of behavior has revolutionized psychology and neuroscience. By
fitting models to experimental data we can probe the algorithms underlying behavior, find …

Cognitive tasks are capable of providing researchers with crucial insights into the
relationship between cognitive processing and psychiatric phenomena. However, many …

We experimentally test a theory of risky choice in which the perception of a lottery payoff is
noisy due to information processing constraints in the brain. We model perception using the …

The science of judgment and decision making involves three interrelated forms of research:
analysis of the decisions people face, description of their natural responses, and …

We separate for the first time the roles of cognitive and motivational factors in shaping age
differences in decision making under risk. Younger and older adults completed gain, loss …

An examination of the cognitive tools that the mind uses to grapple with uncertainty in the
real world. How do humans navigate uncertainty, continuously making near-effortless …

Behavioral decision research compares theoretical constructs like preferences to behavior
such as observed choices. Three fairly common links from constructs to behavior are (1) to …

Decisions under risk have been shown to differ depending on whether information on
outcomes and probabilities is gleaned from symbolic descriptions or gathered through …

Fig. 1. Violin plots showing the distribution of models' performance in predicting the choice
data from Ericson et al. across 10,000 crossvalidation repetitions. Results are shown for the …

The tendency to discount the value of future rewards has become one of the best-studied
constructs in the behavioral sciences. Although hyperbolic discounting remains the …