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Choosing increases the value of non-instrumental information

Curiosity pervades all aspects of human behaviour and decision-making. Recent research indicates that the value of information is determined by its propensity to reduce uncertainty, and the hedonic value of the outcomes it predicts. Previous findings also indicate a preference for options that are f...

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Detalles Bibliográficos
Autores principales: Jiwa, Matthew, Cooper, Patrick S., Chong, Trevor T.-J., Bode, Stefan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Nature Publishing Group UK 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8062497/
https://www.ncbi.nlm.nih.gov/pubmed/33888764
http://dx.doi.org/10.1038/s41598-021-88031-y
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author Jiwa, Matthew
Cooper, Patrick S.
Chong, Trevor T.-J.
Bode, Stefan
author_facet Jiwa, Matthew
Cooper, Patrick S.
Chong, Trevor T.-J.
Bode, Stefan
author_sort Jiwa, Matthew
collection PubMed
description Curiosity pervades all aspects of human behaviour and decision-making. Recent research indicates that the value of information is determined by its propensity to reduce uncertainty, and the hedonic value of the outcomes it predicts. Previous findings also indicate a preference for options that are freely chosen, compared to equivalently valued alternatives that are externally assigned. Here, we asked whether the value of information also varies as a function of self- or externally-imposed choices. Participants rated their preference for information that followed either a self-chosen decision, or an externally imposed condition. Our results showed that choosing a lottery significantly increased the subjective value of information about the outcome. Computational modelling indicated that this change in information-seeking behaviour was not due to changes in the subjective probability of winning, but instead reflected an independent effect of choosing on the value of resolving uncertainty. These results demonstrate that agency over a prospect is an important source of information value.
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spelling pubmed-80624972021-04-23 Choosing increases the value of non-instrumental information Jiwa, Matthew Cooper, Patrick S. Chong, Trevor T.-J. Bode, Stefan Sci Rep Article Curiosity pervades all aspects of human behaviour and decision-making. Recent research indicates that the value of information is determined by its propensity to reduce uncertainty, and the hedonic value of the outcomes it predicts. Previous findings also indicate a preference for options that are freely chosen, compared to equivalently valued alternatives that are externally assigned. Here, we asked whether the value of information also varies as a function of self- or externally-imposed choices. Participants rated their preference for information that followed either a self-chosen decision, or an externally imposed condition. Our results showed that choosing a lottery significantly increased the subjective value of information about the outcome. Computational modelling indicated that this change in information-seeking behaviour was not due to changes in the subjective probability of winning, but instead reflected an independent effect of choosing on the value of resolving uncertainty. These results demonstrate that agency over a prospect is an important source of information value. Nature Publishing Group UK 2021-04-22 /pmc/articles/PMC8062497/ /pubmed/33888764 http://dx.doi.org/10.1038/s41598-021-88031-y Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Article
Jiwa, Matthew
Cooper, Patrick S.
Chong, Trevor T.-J.
Bode, Stefan
Choosing increases the value of non-instrumental information
title Choosing increases the value of non-instrumental information
title_full Choosing increases the value of non-instrumental information
title_fullStr Choosing increases the value of non-instrumental information
title_full_unstemmed Choosing increases the value of non-instrumental information
title_short Choosing increases the value of non-instrumental information
title_sort choosing increases the value of non-instrumental information
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8062497/
https://www.ncbi.nlm.nih.gov/pubmed/33888764
http://dx.doi.org/10.1038/s41598-021-88031-y
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