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Risk sensitivity for amounts of and delay to rewards: adaptation for uncertainty or by-product of reward rate maximising?

Abstract:

Observations that humans and other species are sensitive to variability in the outcome of their choices has led to the widespread assumption that this sensitivity reflects adaptations to cope with risk (stochasticity of action consequences). We question this assumption in experiments with starlings. We show that choices between outcomes that are risky in both amount and delay to food are predictable from preferences in the absence of risk. We find that the overarching best predictor of an opt...

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Publication status:
Published

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Institution:
University of Oxford
Division:
MPLS
Department:
Zoology
Role:
Author
Journal:
Behavioural processes
Volume:
89
Issue:
2
Pages:
104-114
Publication date:
2012-02-01
DOI:
EISSN:
1872-8308
ISSN:
0376-6357
Language:
English
Keywords:
Pubs id:
pubs:209339
UUID:
uuid:a97a0959-fb31-444b-82b9-4179a23b7d73
Local pid:
pubs:209339
Source identifiers:
209339
Deposit date:
2013-11-16

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