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Probability Matching on a Simple Simulated Foraging Task: The Effects of Reward Persistence and Accumulation on Choice Behavior (2019)
Journal Article
Ellerby, Z., & Tunney, R. J. (2019). Probability Matching on a Simple Simulated Foraging Task: The Effects of Reward Persistence and Accumulation on Choice Behavior. Advances in Cognitive Psychology, 15(2), 111-126. https://doi.org/10.5709/acp-0261-2

Over a series of decisions between two or more probabilistically rewarded options, humans have a tendency to diversify their choices, even when this will lead to diminished overall reward. In the extreme case of probability matching, this tendency is... Read More about Probability Matching on a Simple Simulated Foraging Task: The Effects of Reward Persistence and Accumulation on Choice Behavior.