| Literature DB >> 27658703 |
Lewis Forder1, Benjamin James Dyson1.
Abstract
Competitive environments in which individuals compete for mutually-exclusive outcomes require rational decision making in order to maximize gains but often result in poor quality heuristics. Reasons for the greater reliance on lose-shift relative to win-stay behaviour shown in previous studies were explored using the game of Rock, Paper, Scissors and by manipulating the value of winning and losing. Decision-making following a loss was characterized as relatively fast and relatively inflexible both in terms of the failure to modulate the magnitude of lose-shift strategy and the lack of significant neural modulation. In contrast, decision-making following a win was characterized as relatively slow and relatively flexible both in terms of a behavioural increase in the magnitude of win-stay strategy and a neural modulation of feedback-related negativity (FRN) and stimulus-preceding negativity (SPN) following outcome value modulation. The win-stay/lose-shift heuristic appears not to be a unified mechanism, with the former relying on System 2 processes and the latter relying on System 1 processes. Our ability to play rationally appears more likely when the outcome is positive and when the value of wins are low, highlighting how vulnerable we can be when trying to succeed during competition.Entities:
Year: 2016 PMID: 27658703 PMCID: PMC5034336 DOI: 10.1038/srep33809
Source DB: PubMed Journal: Sci Rep ISSN: 2045-2322 Impact factor: 4.379
Figure 1(a) Pay-off matrices for three baseline, win-heavy and lose-heavy conditions (R = Rock, P = Paper, S = Scissors). (b) Proportion response and (c) reaction time data as a function of condition, outcome at trial n and strategy at trial n + 1.
Figure 2(a) Group-average ERP generated by trial outcome (FRN = feedback-related negativity). (b) Group-average ERP generated by response presentation (SPN = stimulus-preceding negativity). ERPs are collapsed across nine fronto-central electrodes (F1, Fz, F2, FC1, FCz, FCz, C1, Cz, C2). The data are filtered at 20 Hz for graphic illustration only.
Figure 3(a) FRN and (b) SPN mean amplitude as a function of condition and outcome at trial n. Error bars represent ±1standard error.