Abstract
Abstract Probability matching behavior occurs in a variety of decision-making domains that can be mapped to the n -arm bandit problem. Prefrontal cortex has been implicated in executive control over several tasks including the n -arm bandit problem. Previously the Prefrontal cortex Basal Ganglia Working Memory (PBWM) model has been used to replicate other decision-making functions of prefrontal cortex such as recognizing sequences of symbols or visual scenes. In this work, we emulate probability matching behavior from human subjects using the PBWM model in n -arm bandit-like problems. Possible extensions to the current work such as including other biases like loss aversion and misperception of both large gains and losses are also discussed.
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