Modelling curiosity in decision-making |
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Authors: | Kusha Baharlou |
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Institution: | 1.Sydney,Australia |
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Abstract: | This paper develops a model of choice with an agent that is capable of experiencing curiosity using Loewenstein’s (Psychol Bull 116(1):75–98, 1994) information gap interpretation of curiosity. We then proceed to determine the restrictions on choice behaviour implied by the model in two choice environments: no discovery—where the Decision-Maker does not have the opportunity to learn—and discovery—where she is afforded such an opportunity. These restrictions can be applied by an observer to determine if a Decision-Maker’s choices align with the model. |
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