Related Experiment Video
Updated: Jun 13, 2025

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Computational characterization of metacognitive ability in subjective decision-making
Corey R Plate1,2, Dhruv Govil1, Charles Y Zheng3
1Unit on Computational Decision Neuroscience, National Institute of Mental Health, National Institutes of Health, Bethesda, MD, USA.
This study shows that metacognitive ability, or self-awareness of one's thinking, can be reliably measured in both objective and subjective decision-making tasks. Metacognitive ability is conserved across different tasks, particularly within similar domains.
Area of Science:
- Cognitive psychology
- Neuroscience
- Decision science
Background:
- Metacognition involves reflecting on and controlling one's own thoughts and behaviors.
- Metacognitive ability is typically assessed by modeling confidence reports and choice behavior in objectively measurable tasks.
- Prior research investigated metacognitive ability conservation across tasks and domains like perception and memory.
Purpose of the Study:
- To determine if metacognitive assessment methods can extend to value-based decision-making, where objective accuracy is not evaluable.
- To compare metacognitive ability across diverse tasks, including perception and valuation.
- To utilize Bayesian hierarchical estimation for a computational model of confidence.
Main Methods:
- Employed Bayesian hierarchical estimation of a computational process model of confidence.
- Modeled metacognitive ability as an individual's uncertainty about their own decision uncertainty.
- Applied the model to decision variables representing both external features and internal subjective states.
Main Results:
- Metacognitive ability was reliably estimated in both objective and subjective decision-making tasks.
- Metacognitive ability demonstrated relative conservation across different tasks.
- Conservation was particularly notable within specific domains and similar confidence reporting paradigms.
Conclusions:
- The developed computational model effectively assesses metacognitive ability in diverse decision-making contexts.
- Metacognitive ability appears to be a relatively stable trait conserved across various tasks and domains.
- Findings support the generalizability of metacognitive assessment beyond tasks with objective performance measures.
More Related Videos
05:48The Adventures of Fundi Intervention Based on the Cognitive and Emotional Processing in Attention Deficit Hyperactive Disorder Patients
Published on: June 12, 2020
12:55Multimodal Protocol for Assessing Metacognition and Self-Regulation in Adults with Learning Difficulties
Published on: September 27, 2020
Related Concept Videos
Metacognition
Decision Making
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Reason and Intuition
Introduction to Cognitive Psychology
This field emerged in the mid-20th century, following a period dominated by behaviorism, which...
Revisionist Views of Adolescent and Adult Cognition
Hindsight Biases