Abstract

When information is incomplete but a choice must be made, individuals sometimes can rely on past experiences to help them assess uncertain outcomes in terms of the probabilities of payoffs. Monkeys (Cebus apella) and humans (Homo sapiens) were presented with a test in which they first made quantity judgments between two clear options. Then they made choices in which only one option was visible, and they had to estimate the quantity for the other option. Both species were guided by the past outcomes, as they shifted from selecting the known option to selecting the unknown option at the point at which the known option went from being greater than the average rate of return to being less than the average rate of return. This comparability across species suggests that tallying ongoing average rates of return from repeated choices occurs spontaneously and likely serves an adaptive purpose when dealing with uncertainty in the environment.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.