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Cognitive and Neural Bases of Multi-Attribute, Multi-Alternative, Value-based Decisions

Busemeyer, Jerome R. and Gluth, Sebastian and Rieskamp, Jörg and Turner, Brandon M.. (2019) Cognitive and Neural Bases of Multi-Attribute, Multi-Alternative, Value-based Decisions. Trends in cognitive sciences, 23 (3). pp. 251-263.

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Official URL: https://edoc.unibas.ch/72269/

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Abstract

Researchers have benefited from characterizing evidence-based decision making as a process involving sequential sampling. More recently, sequential sampling models have been applied to value-based decisions - decisions that involve examining preferences for multi-attribute, multi-alternative choices. The application of sequential sampling models to value-based decisions has helped researchers to account for the context effects associated with preferential choice tasks. However, for these models to predict choice preferences, more complex decision mechanisms have had to be introduced. We review here the complex decision mechanisms necessary to account for context effects found with multi-attribute, multi-alternative choices. In addition, we review linkages between these more complex processes and their neural substrates to develop a comprehensive and biologically plausible account of human value-based decision making.
Faculties and Departments:07 Faculty of Psychology > Departement Psychologie > Forschungsbereich Sozial-, Wirtschafts- und Entscheidungspsychologie > Decision Neuroscience (Gluth)
UniBasel Contributors:Gluth, Sebastian
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Elsevier
ISSN:1879-307X
Note:Publication type according to Uni Basel Research Database: Journal article
Identification Number:
Last Modified:21 Oct 2019 15:58
Deposited On:21 Oct 2019 15:58

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