Risk-sensitive foraging: Evaluating predictable and unpredictable rewards
Faculty Sponsor(s)
Baine Craft, Ph.D.
Presentation Type
Event
Project Type
Research in progress
Primary Department
Psychology
Description
In risk-sensitive foraging experiments, subjects are presented with a constant or fixed option and a variable or risky option that are equivalent. Typically, the variable option is delivered pseudo-randomly or predictably such that subjects never experience a stream of bad luck (e.g., few rewards) or good luck (e.g., many rewards) over multiple trials. However, few studies have investigated if a forager's sensitivity to risk changes depending on the predictability of rewards. Therefore, the purpose of the current study is to determine if risk-sensitivity changes as a result of the effects of a variable yet predictable reward, compared to a variable yet unpredictable reward.
Copyright Status
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Additional Rights Information
Copyright held by author(s).
Risk-sensitive foraging: Evaluating predictable and unpredictable rewards
In risk-sensitive foraging experiments, subjects are presented with a constant or fixed option and a variable or risky option that are equivalent. Typically, the variable option is delivered pseudo-randomly or predictably such that subjects never experience a stream of bad luck (e.g., few rewards) or good luck (e.g., many rewards) over multiple trials. However, few studies have investigated if a forager's sensitivity to risk changes depending on the predictability of rewards. Therefore, the purpose of the current study is to determine if risk-sensitivity changes as a result of the effects of a variable yet predictable reward, compared to a variable yet unpredictable reward.