Choosing increases the value of non-instrumental information

Abstract 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 t...

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Autores principales:	Matthew Jiwa, Patrick S. Cooper, Trevor T.-J. Chong, Stefan Bode
Formato:	article
Lenguaje:	EN
Publicado:	Nature Portfolio 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/419f523f19e1404c944fae64628141f4
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spelling	oai:doaj.org-article:419f523f19e1404c944fae64628141f42021-12-02T16:45:32ZChoosing increases the value of non-instrumental information10.1038/s41598-021-88031-y2045-2322https://doaj.org/article/419f523f19e1404c944fae64628141f42021-04-01T00:00:00Zhttps://doi.org/10.1038/s41598-021-88031-yhttps://doaj.org/toc/2045-2322Abstract 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.Matthew JiwaPatrick S. CooperTrevor T.-J. ChongStefan BodeNature PortfolioarticleMedicineRScienceQENScientific Reports, Vol 11, Iss 1, Pp 1-11 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Matthew Jiwa Patrick S. Cooper Trevor T.-J. Chong Stefan Bode Choosing increases the value of non-instrumental information
description	Abstract 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.
format	article
author	Matthew Jiwa Patrick S. Cooper Trevor T.-J. Chong Stefan Bode
author_facet	Matthew Jiwa Patrick S. Cooper Trevor T.-J. Chong Stefan Bode
author_sort	Matthew Jiwa
title	Choosing increases the value of non-instrumental information
title_short	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_sort	choosing increases the value of non-instrumental information
publisher	Nature Portfolio
publishDate	2021
url	https://doaj.org/article/419f523f19e1404c944fae64628141f4
work_keys_str_mv	AT matthewjiwa choosingincreasesthevalueofnoninstrumentalinformation AT patrickscooper choosingincreasesthevalueofnoninstrumentalinformation AT trevortjchong choosingincreasesthevalueofnoninstrumentalinformation AT stefanbode choosingincreasesthevalueofnoninstrumentalinformation
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Choosing increases the value of non-instrumental information

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