2012
DOI: 10.1038/nn.3279
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Confidence in value-based choice

Abstract: SummaryDecisions are never perfect with confidence in one’s choices fluctuating over time. How subjective confidence and valuation of choice options interact at the level of brain and behavior is unknown. Using a dynamic model of the decision process we show that confidence reflects the evolution of a decision variable over time, explaining the observed relation between confidence, value, accuracy and reaction time. As predicted by our dynamic model, we show that an fMRI signal in human ventromedial prefrontal… Show more

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Cited by 494 publications
(681 citation statements)
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References 39 publications
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“…Because uncertainty in decision making is generally reflected in longer response times (28,29), this explanation for hyperaltruistic valuation of pain is also consistent with our finding that hyperaltruism was greater in deciders who were slower to decide the fate of receivers than of themselves. However, the uncertainty account makes an additional prediction concerning behavioral noise.…”
Section: Discussionsupporting
confidence: 88%
See 1 more Smart Citation
“…Because uncertainty in decision making is generally reflected in longer response times (28,29), this explanation for hyperaltruistic valuation of pain is also consistent with our finding that hyperaltruism was greater in deciders who were slower to decide the fate of receivers than of themselves. However, the uncertainty account makes an additional prediction concerning behavioral noise.…”
Section: Discussionsupporting
confidence: 88%
“…However, the uncertainty account makes an additional prediction concerning behavioral noise. Uncertainty in decision making is often reflected in choice noisiness, or more formally the fidelity with which decision values are translated into choices (28). If uncertainty when choosing for others relates to hyperaltruism, then hyperaltruism should be greater in deciders with noisier choices for the receiver than for themselves.…”
Section: Discussionmentioning
confidence: 99%
“…In particular, the ventro-medial part of the prefrontal cortex (vmPFC, mPFC in rodents) in humans has been associated with at least two specific functions which may contribute to the effects of reward motivation on memory integration. First, as a recipient of dopaminergic projections from motivational value-coding neurons in the ventromedial SNpc, it is driven by value or salience (BrombergMartin et al, 2010b) and is involved in guiding decisions based on value comparison (De Martino et al, 2013). BOLD signal in the vmPFC in tasks involving choice selection reflects the benefit of the action taken as well as the opportunity cost of the unchosen option (Rushworth et al, 2011).…”
Section: Reward-related Effects On (Peri-encoding) Memory Integrationmentioning
confidence: 99%
“…A range of studies suggests that the rostrolateral prefrontal cortex represents 46 confidence in both value-based and perceptual decisions 1,9,10,11 . Explicit representations of 47 confidence allow individuals to communicate the strength of their beliefs to others, facilitating group 48 decisions 12, 13 , but may play little role in one's own decision process.…”
mentioning
confidence: 99%
“…In order to test this hypothesis we calculated an individual index of metacognitive sensitivity by 181 computing the difference in slope between psychometric functions fitted to high and low confidence 182 trials 1,31,32 . We then ran a logistic regression to predict changes of mind at time t future using 183 confidence measured at time t. In line with our initial hypothesis, we were able to show that the …”
mentioning
confidence: 99%