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Published on: March 1, 2022
Confidence reports in decision-making with multiple alternatives violate the Bayesian confidence hypothesis
Hsin-Hung Li1, Wei Ji Ma2,3
1Department of Psychology, New York University, New York, NY, USA. hsin.hung.li@nyu.edu.
Decision confidence may not just be about accuracy. New research suggests confidence reflects how much better one option was than others, impacting future choices.
Area of Science:
- Cognitive Science
- Neuroscience
- Psychology
Background:
- Decision confidence is crucial for evaluating choices and guiding behavior.
- Previous studies on confidence primarily used two-alternative tasks.
- Existing theories link confidence to the posterior probability of the chosen option.
Purpose of the Study:
- To investigate an alternative theory of decision confidence.
- To test if confidence depends on the difference between the best and second-best options.
- To examine confidence in a three-alternative visual categorization task.
Main Methods:
- Participants performed a three-alternative visual categorization task.
- Confidence reports were collected.
- Computational models were used to analyze confidence data.
Main Results:
- Confidence was best explained by the difference in posterior probabilities between the best and second-best options.
- Confidence was not solely determined by the posterior probability of the chosen option.
- Overall uncertainty (entropy) did not adequately explain confidence reports.
Conclusions:
- The study challenges the prevailing theory of decision confidence.
- Confidence may reflect the subjective probability of having made the optimal decision.
- Decision confidence is influenced by the relative difference between competing options.
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