You don't want to know what you're missing: When information about forgone rewards impedes dynamic decision making

摘要: When people learn to make decisions from experience, a reasonable intuition is that additional relevant information should improve their performance. In contrast, we find about foregone rewards (i.e., what could have gained at each point by making different choice) severely hinders participants’ ability repeatedly choices maximize long-term gains. We conclude reward accentuates the local superiority of short-term options (e.g., consumption) and consequently biases choice away productive exercise). These conclusions are consistent with standard reinforcement-learning mechanism processes experienced forgone rewards. contrast related contributions using delay-of-gratification paradigms, do not posit separate top-down emotion-driven systems explain individual group data well characterized single combines