Literature DB >> 26884088

Taking the easy way out? Increasing implementation effort reduces probability maximizing under cognitive load.

Christin Schulze1,2, Ben R Newell3.   

Abstract

Cognitive load has previously been found to have a positive effect on strategy selection in repeated risky choice. Specifically, whereas inferior probability matching often prevails under single-task conditions, optimal probability maximizing sometimes dominates when a concurrent task competes for cognitive resources. We examined the extent to which this seemingly beneficial effect of increased task demands hinges on the effort required to implement each of the choice strategies. Probability maximizing typically involves a simple repeated response to a single option, whereas probability matching requires choice proportions to be tracked carefully throughout a sequential choice task. Here, we flipped this pattern by introducing a manipulation that made the implementation of maximizing more taxing and, at the same time, allowed decision makers to probability match via a simple repeated response to a single option. The results from two experiments showed that increasing the implementation effort of probability maximizing resulted in decreased adoption rates of this strategy. This was the case both when decision makers simultaneously learned about the outcome probabilities and responded to a dual task (Exp. 1) and when these two aspects were procedurally separated in two distinct stages (Exp. 2). We conclude that the effort involved in implementing a choice strategy is a key factor in shaping repeated choice under uncertainty. Moreover, highlighting the importance of implementation effort casts new light on the sometimes surprising and inconsistent effects of cognitive load that have previously been reported in the literature.

Keywords:  Decision making; Probability matching; Rational choice theory; Working memory load

Mesh:

Year:  2016        PMID: 26884088     DOI: 10.3758/s13421-016-0595-x

Source DB:  PubMed          Journal:  Mem Cognit        ISSN: 0090-502X


  18 in total

1.  Probability matching: encouraging optimal responding in humans.

Authors:  Edmund Fantino; Ali Esfandiari
Journal:  Can J Exp Psychol       Date:  2002-03

2.  Probability matching and strategy availability.

Authors:  Derek J Koehler; Greta James
Journal:  Mem Cognit       Date:  2010-09

3.  Probability matching in choice under uncertainty: intuition versus deliberation.

Authors:  Derek J Koehler; Greta James
Journal:  Cognition       Date:  2009-08-06

4.  Banking on a bad bet. Probability matching in risky choice is linked to expectation generation.

Authors:  Greta James; Derek J Koehler
Journal:  Psychol Sci       Date:  2011-05-06

5.  Removing the frontal lobes: the effects of engaging executive functions on perceptual category learning.

Authors:  J Vincent Filoteo; Scott Lauritzen; W Todd Maddox
Journal:  Psychol Sci       Date:  2010-02-16

6.  Of matchers and maximizers: How competition shapes choice under risk and uncertainty.

Authors:  Christin Schulze; Don van Ravenzwaaij; Ben R Newell
Journal:  Cogn Psychol       Date:  2015-04-08       Impact factor: 3.468

7.  There are at least two kinds of probability matching: evidence from a secondary task.

Authors:  A Ross Otto; Eric G Taylor; Arthur B Markman
Journal:  Cognition       Date:  2010-12-08

8.  Is probability matching smart? Associations between probabilistic choices and cognitive ability.

Authors:  Keith E Stanovich
Journal:  Mem Cognit       Date:  2003-03

9.  Probability matching involves rule-generating ability: a neuropsychological mechanism dealing with probabilities.

Authors:  Jesús Unturbe; Josep Corominas
Journal:  Neuropsychology       Date:  2007-09       Impact factor: 3.295

10.  The smart potential behind probability matching.

Authors:  Wolfgang Gaissmaier; Lael J Schooler
Journal:  Cognition       Date:  2008-11-18
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  2 in total

Review 1.  Optimal response vigor and choice under non-stationary outcome values.

Authors:  Amir Dezfouli; Bernard W Balleine; Richard Nock
Journal:  Psychon Bull Rev       Date:  2019-02

2.  Exploration and recency as the main proximate causes of probability matching: a reinforcement learning analysis.

Authors:  Carolina Feher da Silva; Camila Gomes Victorino; Nestor Caticha; Marcus Vinícius Chrysóstomo Baldo
Journal:  Sci Rep       Date:  2017-11-10       Impact factor: 4.379

  2 in total

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