An entropic barriers diffusion theory of decision-making in multiple alternative tasks
Diego Fernandez Slezak,
Mariano Sigman and
Guillermo A Cecchi
PLOS Computational Biology, 2018, vol. 14, issue 3, 1-14
Abstract:
We present a theory of decision-making in the presence of multiple choices that departs from traditional approaches by explicitly incorporating entropic barriers in a stochastic search process. We analyze response time data from an on-line repository of 15 million blitz chess games, and show that our model fits not just the mean and variance, but the entire response time distribution (over several response-time orders of magnitude) at every stage of the game. We apply the model to show that (a) higher cognitive expertise corresponds to the exploration of more complex solution spaces, and (b) reaction times of users at an on-line buying website can be similarly explained. Our model can be seen as a synergy between diffusion models used to model simple two-choice decision-making and planning agents in complex problem solving.Author summary: Decision-making has been studied in great detail relying on binary choices, modeled as the noisy accumulation of a decision variable to a threshold. We show that it breaks down when used to describe real-life human decision involving multiple options. We show instead that including obstacles in the diffusion model (a natural conceptual extension) can describe the data with great degree of accuracy. We evaluate this new model by capitalizing on the advent of big data, analyzing a vast corpus of decision making obtained from on-line chess servers. The present manuscript resolves a conflict between current theories of decision-making and concrete data, it solves this data with a concrete theoretical proposal and analyzes specific predictions of the model.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pcbi00:1005961
DOI: 10.1371/journal.pcbi.1005961
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