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Topic: neuronal replay

Seminar
1 seminar

In Cognition and Cognitive Psychology

Seminar · Economics

An economic decision-making model of anticipated surprise with dynamic expectation

Taro Toyoizumi · RIKEN

Wed, Dec 8, 2021 · 05:00 UTC

When making decision under risk, people often exhibit behaviours that classical economic theories cannot explain. Newer models that attempt to account for these ‘irrational’ behaviours often lack neuroscience bases and require the introduction of subjective and problem-specific constructs. Here, we present a decision-making model inspired by the prediction error signals and introspective neuronal replay reported in the brain. In the model, decisions are chosen based on ‘anticipated surprise’, defined by a nonlinear average of the differences between individual outcomes and a reference point. T