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Value-based decision-making battery: A Bayesian adaptive approach to assess impulsive and risky behavior

Overview of attention for article published in Behavior Research Methods, March 2017
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Title
Value-based decision-making battery: A Bayesian adaptive approach to assess impulsive and risky behavior
Published in
Behavior Research Methods, March 2017
DOI 10.3758/s13428-017-0866-x
Pubmed ID
Authors

Shakoor Pooseh, Nadine Bernhardt, Alvaro Guevara, Quentin J. M. Huys, Michael N. Smolka

Abstract

Using simple mathematical models of choice behavior, we present a Bayesian adaptive algorithm to assess measures of impulsive and risky decision making. Practically, these measures are characterized by discounting rates and are used to classify individuals or population groups, to distinguish unhealthy behavior, and to predict developmental courses. However, a constant demand for improved tools to assess these constructs remains unanswered. The algorithm is based on trial-by-trial observations. At each step, a choice is made between immediate (certain) and delayed (risky) options. Then the current parameter estimates are updated by the likelihood of observing the choice, and the next offers are provided from the indifference point, so that they will acquire the most informative data based on the current parameter estimates. The procedure continues for a certain number of trials in order to reach a stable estimation. The algorithm is discussed in detail for the delay discounting case, and results from decision making under risk for gains, losses, and mixed prospects are also provided. Simulated experiments using prescribed parameter values were performed to justify the algorithm in terms of the reproducibility of its parameters for individual assessments, and to test the reliability of the estimation procedure in a group-level analysis. The algorithm was implemented as an experimental battery to measure temporal and probability discounting rates together with loss aversion, and was tested on a healthy participant sample.

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Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 89 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
Unknown 89 100%

Demographic breakdown

Readers by professional status Count As %
Student > Master 16 18%
Student > Ph. D. Student 15 17%
Student > Bachelor 11 12%
Researcher 10 11%
Student > Postgraduate 7 8%
Other 12 13%
Unknown 18 20%
Readers by discipline Count As %
Psychology 35 39%
Neuroscience 10 11%
Medicine and Dentistry 5 6%
Social Sciences 4 4%
Agricultural and Biological Sciences 2 2%
Other 10 11%
Unknown 23 26%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 1. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 15 March 2017.
All research outputs
#20,660,571
of 25,382,440 outputs
Outputs from Behavior Research Methods
#1,981
of 2,526 outputs
Outputs of similar age
#249,371
of 322,532 outputs
Outputs of similar age from Behavior Research Methods
#36
of 51 outputs
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