Decision making under uncertainty

• Main Author: Kerstin Preuschoff (auth)
• Other Authors: Peter N. C. Mohr (auth), Ming Hsu (auth)
• Format: Electronic Book Chapter
• Language: English
• Published: Frontiers Media SA 2015
• Series: Frontiers Research Topics
• Subjects: Neurosciences; Decision Making; Contextual influences; situational influences; neuroeconomics; risk; decision neuroscience; uncertainty; individual differences
• Online Access: DOAB: download the publication; DOAB: description of the publication

Most decisions in life are based on incomplete information and have uncertain consequences. To successfully cope with real-life situations, the nervous system has to estimate, represent and eventually resolve uncertainty at various levels. A common tradeoff in such decisions involves those between t...