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Published on: June 3, 2013
Prior information differentially affects discrimination decisions and subjective confidence reports
Marika Constant1,2,3, Michael Pereira4, Nathan Faivre4
1Humboldt-Universität zu Berlin, Faculty of Life Sciences, Department of Psychology, Unter den Linden 6, 10099, Berlin, Germany. marika.constant@gmail.com.
This study reveals that prior information is underweighted in decision-making but more optimally utilized in confidence judgments, challenging the assumption of equal integration in Bayesian models.
Area of Science:
- Cognitive Psychology
- Computational Neuroscience
- Decision Science
Background:
- Bayesian models assume decisions and confidence equally integrate prior expectations and incoming information.
- This equal integration of prior information has not been empirically tested.
Purpose of the Study:
- To quantify how prior information influences both decisions and confidence.
- To test the assumption of equal weighting of priors in decision-making versus confidence judgments.
Main Methods:
- Three experiments using a dual-decision task to compare conditions matched for posterior information but differing in prior/likelihood informativeness.
- Utilized exogenous probabilistic cues as priors.
- Employed a Bayesian model to quantify prior weighting parameters.
Main Results:
- Priors were underweighted in discrimination decisions.
- Priors were less underweighted in confidence judgments compared to decisions.
- These patterns persisted with probabilistic cues and were not due to processing time differences.
Conclusions:
- Prior information is utilized more optimally in explicit confidence judgments than in discrimination decisions.
- Findings challenge the assumption of equal prior weighting in standard Bayesian models of decision-making and confidence.
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