Human value learning and representation reflect rational adaptation to task demands

Comparing experience- and description-based economic preferences across 11 countries

Recent evidence indicates that reward value encoding in humans is highly context dependent, leading to suboptimal decisions in some cases, but whether this computational constraint on valuation is a shared feature of human cognition remains unknown. Here we studied the behaviour of n = 561 individuals from 11 countries of markedly different socioeconomic and cultural makeup. Our findings show that context sensitivity was present in all 11 countries. Suboptimal decisions generated by context manipulation were not explained by risk aversion, as estimated through a separate description-based choice task (that is, lotteries) consisting of matched decision offers. Conversely, risk aversion significantly differed across countries. Overall, our findings suggest that context-dependent reward value encoding is a feature of human cognition that remains consistently present across different countries, as opposed to description-based decision-making, which is more permeable to cultural factors.

The Future of Decisions From Experience: Connecting Real-World Decision Problems to Cognitive Processes

In many important real-world decision domains, such as finance, the environment, and health, behavior is strongly influenced by experience. Renewed interest in studying this influence led to important advancements in the understanding of these decisions from experience (DfE) in the last 20 years. Building on this literature, we suggest ways the standard experimental design should be extended to better approach important real-world DfE. These extensions include, for example, introducing more complex choice situations, delaying feedback, and including social interactions. When acting upon experiences in these richer and more complicated environments, extensive cognitive processes go into making a decision. Therefore, we argue for integrating cognitive processes more explicitly into experimental research in DfE. These cognitive processes include attention to and perception of numeric and nonnumeric experiences, the influence of episodic and semantic memory, and the mental models involved in learning processes. Understanding these basic cognitive processes can advance the modeling, understanding and prediction of DfE in the laboratory and in the real world. We highlight the potential of experimental research in DfE for theory integration across the behavioral, decision, and cognitive sciences. Furthermore, this research could lead to new methodology that better informs decision-making and policy interventions.

Effects of blocked versus interleaved training on relative value learning

In reinforcement learning tasks, people learn the values of options relative to other options in the local context. Prior research suggests that relative value learning is enhanced when choice contexts are temporally clustered in a blocked sequence compared to a randomly interleaved sequence. The present study was aimed at further investigating the effects of blocked versus interleaved training using a choice task that distinguishes among different contextual encoding models. Our results showed that the presentation format in which contexts are experienced can lead to qualitatively distinct forms of relative value learning. This conclusion was supported by a combination of model-free and model-based analyses. In the blocked condition, choice behavior was most consistent with a reference point model in which outcomes are encoded relative to a dynamic estimate of the contextual average reward. In contrast, the interleaved condition was best described by a range-frequency encoding model. We propose that blocked training makes it easier to track contextual outcome statistics, such as the average reward, which may then be used to relativize the values of experienced outcomes. When contexts are interleaved, range-frequency encoding may serve as a more efficient means of storing option values in memory for later retrieval.

Intrinsic rewards explain context-sensitive valuation in reinforcement learning

When observing the outcome of a choice, people are sensitive to the choice's context, such that the experienced value of an option depends on the alternatives: getting $1 when the possibilities were 0 or 1 feels much better than when the possibilities were 1 or 10. Context-sensitive valuation has been documented within reinforcement learning (RL) tasks, in which values are learned from experience through trial and error. Range adaptation, wherein options are rescaled according to the range of values yielded by available options, has been proposed to account for this phenomenon. However, we propose that other mechanisms-reflecting a different theoretical viewpoint-may also explain this phenomenon. Specifically, we theorize that internally defined goals play a crucial role in shaping the subjective value attributed to any given option. Motivated by this theory, we develop a new "intrinsically enhanced" RL model, which combines extrinsically provided rewards with internally generated signals of goal achievement as a teaching signal. Across 7 different studies (including previously published data sets as well as a novel, preregistered experiment with replication and control studies), we show that the intrinsically enhanced model can explain context-sensitive valuation as well as, or better than, range adaptation. Our findings indicate a more prominent role of intrinsic, goal-dependent rewards than previously recognized within formal models of human RL. By integrating internally generated signals of reward, standard RL theories should better account for human behavior, including context-sensitive valuation and beyond.

Testing models of context-dependent outcome encoding in reinforcement learning

Previous studies of reinforcement learning (RL) have established that choice outcomes are encoded in a context-dependent fashion. Several computational models have been proposed to explain context-dependent encoding, including reference point centering and range adaptation models. The former assumes that outcomes are centered around a running estimate of the average reward in each choice context, while the latter assumes that outcomes are compared to the minimum reward and then scaled by an estimate of the range of outcomes in each choice context. However, there are other computational mechanisms that can explain context dependence in RL. In the present study, a frequency encoding model is introduced that assumes outcomes are evaluated based on their proportional rank within a sample of recently experienced outcomes from the local context. A range-frequency model is also considered that combines the range adaptation and frequency encoding mechanisms. We conducted two fully incentivized behavioral experiments using choice tasks for which the candidate models make divergent predictions. The results were most consistent with models that incorporate frequency or rank-based encoding. The findings from these experiments deepen our understanding of the underlying computational processes mediating context-dependent outcome encoding in human RL.

Training diversity promotes absolute-value-guided choice

Many decision-making studies have demonstrated that humans learn either expected values or relative preferences among choice options, yet little is known about what environmental conditions promote one strategy over the other. Here, we test the novel hypothesis that humans adapt the degree to which they form absolute values to the diversity of the learning environment. Since absolute values generalize better to new sets of options, we predicted that the more options a person learns about the more likely they would be to form absolute values. To test this, we designed a multi-day learning experiment comprising twenty learning sessions in which subjects chose among pairs of images each associated with a different probability of reward. We assessed the degree to which subjects formed absolute values and relative preferences by asking them to choose between images they learned about in separate sessions. We found that concurrently learning about more images within a session enhanced absolute-value, and suppressed relative-preference, learning. Conversely, cumulatively pitting each image against a larger number of other images across multiple sessions did not impact the form of learning. These results show that the way humans encode preferences is adapted to the diversity of experiences offered by the immediate learning context.