Article
Experiential values are underweighted in decisions involving symbolic options - Nature Human Behaviour
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Standard models of decision-making assume each option is associated with subjective value, regardless of whether this value is inferred from experience (experiential) or explicitly instructed probabilistic outcomes (symbolic). In this study, we present results that challenge the assumption of unified representation of experiential and symbolic value. Across nine experiments, we presented participants with hybrid decisions between experiential and symbolic options.
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