The Sense of Confidence during Probabilistic Learning: A Normative Account
Author
Abstract
Suggested Citation
DOI: 10.1371/journal.pcbi.1004305
Download full text from publisher
References listed on IDEAS
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Adam Kepecs & Naoshige Uchida & Hatim A. Zariwala & Zachary F. Mainen, 2008. "Neural correlates, computation and behavioural impact of decision confidence," Nature, Nature, vol. 455(7210), pages 227-231, September.
- Elise Payzan-LeNestour & Peter Bossaerts, 2011. "Risk, Unexpected Uncertainty, and Estimation Uncertainty: Bayesian Learning in Unstable Settings," PLOS Computational Biology, Public Library of Science, vol. 7(1), pages 1-14, January.
- Robert Legenstein & Wolfgang Maass, 2014. "Ensembles of Spiking Neurons with Noise Support Optimal Probabilistic Inference in a Dynamically Changing Environment," PLOS Computational Biology, Public Library of Science, vol. 10(10), pages 1-27, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Elyse H Norton & Luigi Acerbi & Wei Ji Ma & Michael S Landy, 2019. "Human online adaptation to changes in prior probability," PLOS Computational Biology, Public Library of Science, vol. 15(7), pages 1-26, July.
- Sam Gijsen & Miro Grundei & Robert T Lange & Dirk Ostwald & Felix Blankenburg, 2021. "Neural surprise in somatosensory Bayesian learning," PLOS Computational Biology, Public Library of Science, vol. 17(2), pages 1-36, February.
- Florent Meyniel & Maxime Maheu & Stanislas Dehaene, 2016. "Human Inferences about Sequences: A Minimal Transition Probability Model," PLOS Computational Biology, Public Library of Science, vol. 12(12), pages 1-26, December.
- Marine Hainguerlot & Jean-Christophe Vergnaud & Vincent de Gardelle, 2018.
"Metacognitive ability predicts learning cue-stimulus associations in the absence of external feedback,"
PSE-Ecole d'économie de Paris (Postprint)
hal-01761531, HAL.
- Marine Hainguerlot & Jean-Christophe Vergnaud & Vincent de Gardelle, 2018. "Metacognitive ability predicts learning cue-stimulus associations in the absence of external feedback," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01761531, HAL.
- Marine Hainguerlot & Jean-Christophe Vergnaud & Vincent de Gardelle, 2018. "Metacognitive ability predicts learning cue-stimulus associations in the absence of external feedback," Post-Print hal-01761531, HAL.
- Taylor W. Webb & Kiyofumi Miyoshi & Tsz Yan So & Sivananda Rajananda & Hakwan Lau, 2023. "Natural statistics support a rational account of confidence biases," Nature Communications, Nature, vol. 14(1), pages 1-18, December.
- Maël Lebreton & Karin Bacily & Stefano Palminteri & Jan B Engelmann, 2019. "Contextual influence on confidence judgments in human reinforcement learning," PLOS Computational Biology, Public Library of Science, vol. 15(4), pages 1-27, April.
- Florent Meyniel, 2020. "Brain dynamics for confidence-weighted learning," PLOS Computational Biology, Public Library of Science, vol. 16(6), pages 1-27, June.
- Uri Hertz & Bahador Bahrami & Mehdi Keramati, 2018. "Stochastic satisficing account of confidence in uncertain value-based decisions," PLOS ONE, Public Library of Science, vol. 13(4), pages 1-23, April.
- Micha Heilbron & Florent Meyniel, 2019. "Confidence resets reveal hierarchical adaptive learning in humans," PLOS Computational Biology, Public Library of Science, vol. 15(4), pages 1-24, April.
- Kobe Desender & Luc Vermeylen & Tom Verguts, 2022. "Dynamic influences on static measures of metacognition," Nature Communications, Nature, vol. 13(1), pages 1-12, December.
- Dimitrije Marković & Andrea M F Reiter & Stefan J Kiebel, 2019. "Predicting change: Approximate inference under explicit representation of temporal structure in changing environments," PLOS Computational Biology, Public Library of Science, vol. 15(1), pages 1-31, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Wan-Yu Shih & Hsiang-Yu Yu & Cheng-Chia Lee & Chien-Chen Chou & Chien Chen & Paul W. Glimcher & Shih-Wei Wu, 2023. "Electrophysiological population dynamics reveal context dependencies during decision making in human frontal cortex," Nature Communications, Nature, vol. 14(1), pages 1-24, December.
- Micha Heilbron & Florent Meyniel, 2019. "Confidence resets reveal hierarchical adaptive learning in humans," PLOS Computational Biology, Public Library of Science, vol. 15(4), pages 1-24, April.
- Sebastian Bitzer & Jelle Bruineberg & Stefan J Kiebel, 2015. "A Bayesian Attractor Model for Perceptual Decision Making," PLOS Computational Biology, Public Library of Science, vol. 11(8), pages 1-35, August.
- Seow Eng Ong & Davin Wang & Calvin Chua, 2023. "Disruptive Innovation and Real Estate Agency: The Disruptee Strikes Back," The Journal of Real Estate Finance and Economics, Springer, vol. 67(2), pages 287-317, August.
- Christiane Goodfellow & Dirk Schiereck & Steffen Wippler, 2013. "Are behavioural finance equity funds a superior investment? A note on fund performance and market efficiency," Journal of Asset Management, Palgrave Macmillan, vol. 14(2), pages 111-119, April.
- Philippe Fevrier & Sebastien Gay, 2005. "Informed Consent Versus Presumed Consent The Role of the Family in Organ Donations," HEW 0509007, University Library of Munich, Germany.
- Shuang Yao & Donghua Yu & Yan Song & Hao Yao & Yuzhen Hu & Benhai Guo, 2018. "Dry Bulk Carrier Investment Selection through a Dual Group Decision Fusing Mechanism in the Green Supply Chain," Sustainability, MDPI, vol. 10(12), pages 1-19, November.
- Senik, Claudia, 2009.
"Direct evidence on income comparisons and their welfare effects,"
Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 408-424, October.
- Senik, Claudia, 2007. "Direct Evidence on Income Comparisons and their Welfare Effects," IZA Discussion Papers 3195, Institute of Labor Economics (IZA).
- Claudia Senik, 2009. "Direct Evidence on Income Comparisons and their Welfare Effects," Post-Print hal-00696621, HAL.
- Claudia Senik, 2008. "Direct evidence on income comparisons and their welfare effects," PSE Working Papers halshs-00588023, HAL.
- Jose Apesteguia & Miguel Ballester, 2009.
"A theory of reference-dependent behavior,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(3), pages 427-455, September.
- José Apesteguía & Miguel A. Ballester, 2004. "A Theory Of Reference-Dependent Beavior," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0402, Departamento de Economía - Universidad Pública de Navarra.
- Jose Apesteguia & Miguel A. Ballester, 2007. "A theory of reference-dependent behavior," Economics Working Papers 1056, Department of Economics and Business, Universitat Pompeu Fabra.
- Miguel à ngel Ballester & Jose Apesteguia, 2015. "A Theory of Reference-Dependent Behavior," Working Papers 323, Barcelona School of Economics.
- Shoji, Isao & Kanehiro, Sumei, 2016. "Disposition effect as a behavioral trading activity elicited by investors' different risk preferences," International Review of Financial Analysis, Elsevier, vol. 46(C), pages 104-112.
- Christoph Engel & Michael Kurschilgen, 2011. "Fairness Ex Ante and Ex Post: Experimentally Testing Ex Post Judicial Intervention into Blockbuster Deals," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 8(4), pages 682-708, December.
- Christina Leuker & Thorsten Pachur & Ralph Hertwig & Timothy J. Pleskac, 2019. "Do people exploit risk–reward structures to simplify information processing in risky choice?," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 5(1), pages 76-94, August.
- Boone, Jan & Sadrieh, Abdolkarim & van Ours, Jan C., 2009.
"Experiments on unemployment benefit sanctions and job search behavior,"
European Economic Review, Elsevier, vol. 53(8), pages 937-951, November.
- van Ours, Jan C. & Boone, Jan & Sadrieh, Abdolkarim, 2004. "Experiments on Unemployment Benefit Sanctions and Job Search Behaviour," CEPR Discussion Papers 4298, C.E.P.R. Discussion Papers.
- Boone, Jan & Sadrieh, Abdolkarim & van Ours, Jan C., 2004. "Experiments on Unemployment Benefit Sanctions and Job Search Behavior," IZA Discussion Papers 1000, Institute of Labor Economics (IZA).
- Boone, J. & Sadrieh, A. & van Ours, J.C., 2004. "Experiments on Unemployment Benefit Sanctions and Job Search Behavior," Discussion Paper 2004-8, Tilburg University, Center for Economic Research.
- Boone, J. & Sadrieh, A. & van Ours, J.C., 2004. "Experiments on Unemployment Benefit Sanctions and Job Search Behavior," Other publications TiSEM 1fb6f48d-f0b5-4c81-b586-8, Tilburg University, School of Economics and Management.
- Singal, Vijay & Xu, Zhaojin, 2011. "Selling winners, holding losers: Effect on fund flows and survival of disposition-prone mutual funds," Journal of Banking & Finance, Elsevier, vol. 35(10), pages 2704-2718, October.
- Jos'e Cl'audio do Nascimento, 2019. "Behavioral Biases and Nonadditive Dynamics in Risk Taking: An Experimental Investigation," Papers 1908.01709, arXiv.org, revised Apr 2023.
- Alex Cukierman & Anton Muscatelli, 2001. "Do Central Banks have Precautionary Demands for Expansions and for Price Stability?," Working Papers 2002_4, Business School - Economics, University of Glasgow, revised Mar 2002.
- Dash, Saumya Ranjan & Maitra, Debasish, 2018. "Does sentiment matter for stock returns? Evidence from Indian stock market using wavelet approach," Finance Research Letters, Elsevier, vol. 26(C), pages 32-39.
- José F. Tudón M., 2019. "Perception, utility, and evolution," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 191-208, December.
- Kerri Brick & Martine Visser & Justine Burns, 2012.
"Risk Aversion: Experimental Evidence from South African Fishing Communities,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 133-152.
- Justine Burns & Kerri Brick & Martine Visser, 2011. "Risk Aversion: Experimental Evidence from South African Fishing Communities," Working Papers 227, Economic Research Southern Africa.
- Francesco GUALA, 2017. "Preferences: Neither Behavioural nor Mental," Departmental Working Papers 2017-05, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pcbi00:1004305. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ploscompbiol (email available below). General contact details of provider: https://journals.plos.org/ploscompbiol/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.