In economic decision making, outcomes are described in terms of risk (uncertain outcomes with certain probabilities) and ambiguity (uncertain outcomes with uncertain probabilities). Humans are more averse to ambiguity than to risk, with a distinct neural system suggested as mediating this effect. However, there has been no clear disambiguation of activity related to decisions themselves from perceptual processing of ambiguity. In a functional magnetic resonance imaging (fMRI) experiment, we contrasted ambiguity, defined as a lack of information about outcome probabilities, to risk, where outcome probabilities are known, or ignorance, where outcomes are completely unknown and unknowable.Wemodified previously learned pavlovian CSstimuli ...
People often make decisions in the face of ambiguous information, but it remains unclear how ambigui...
The acknowledged importance of uncertainty in economic decision making has stimulated the search for...
Predictions provided by action-outcome probabilities entail a degree of (first-order) uncertainty. H...
SummaryPeople often prefer the known over the unknown, sometimes sacrificing potential rewards for t...
In this study, we examined the neural basis of decision making under different types of uncertainty ...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
2011 Fall.Includes bibliographical references.Previous studies have dissociated two types of uncerta...
This study examined the neural basis of decision-making under different types of uncertainty that in...
Risk and ambiguity are inherent in virtually all human decision-making. Risk refers to a situation i...
Studies of decision making under uncertainty generally focus on imprecise information about outcome ...
Individual differences in attitudes to risk (a taste for risk, known probabilities) and ambiguity (a...
Much is known about how people make decisions under varying levels of probability (risk). Less is kn...
Risk and ambiguity are inherent in virtually all human decision-making. Risk refers to a situation i...
People often make decisions in the face of ambiguous information, but it remains unclear how ambigui...
The acknowledged importance of uncertainty in economic decision making has stimulated the search for...
Predictions provided by action-outcome probabilities entail a degree of (first-order) uncertainty. H...
SummaryPeople often prefer the known over the unknown, sometimes sacrificing potential rewards for t...
In this study, we examined the neural basis of decision making under different types of uncertainty ...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
HIGHLIGHTS • We use a simple gambles design in an fMRI study to compare two conditions: ambiguity an...
2011 Fall.Includes bibliographical references.Previous studies have dissociated two types of uncerta...
This study examined the neural basis of decision-making under different types of uncertainty that in...
Risk and ambiguity are inherent in virtually all human decision-making. Risk refers to a situation i...
Studies of decision making under uncertainty generally focus on imprecise information about outcome ...
Individual differences in attitudes to risk (a taste for risk, known probabilities) and ambiguity (a...
Much is known about how people make decisions under varying levels of probability (risk). Less is kn...
Risk and ambiguity are inherent in virtually all human decision-making. Risk refers to a situation i...
People often make decisions in the face of ambiguous information, but it remains unclear how ambigui...
The acknowledged importance of uncertainty in economic decision making has stimulated the search for...
Predictions provided by action-outcome probabilities entail a degree of (first-order) uncertainty. H...