e-space
Manchester Metropolitan University's Research Repository

    Different Varieties of Uncertainty in Human Decision-Making

    Bland, Amy R and Schaefer, Alexandre (2012) Different Varieties of Uncertainty in Human Decision-Making. Frontiers in Neuroscience, 6.

    [img]
    Preview
    Published Version
    Available under License Creative Commons Attribution.

    Download (340kB) | Preview

    Abstract

    The study of uncertainty in decision-making is receiving greater attention in the fields of cognitive and computational neuroscience. Several lines of evidence are beginning to elucidate different variants of uncertainty. Particularly, risk, ambiguity, and expected and unexpected forms of uncertainty are well articulated in the literature. In this article we review both empirical and theoretical evidence arguing for the potential distinction between three forms of uncertainty; expected uncertainty, unexpected uncertainty, and volatility. Particular attention will be devoted to exploring the distinction between unexpected uncertainty and volatility which has been less appreciated in the literature. This includes evidence mainly from neuroimaging, neuromodulation, and electrophysiological studies. We further address the possible differentiation of cognitive control mechanisms used to deal with these forms of uncertainty. Finally, we explore whether the dual modes of control theory provides a theoretical framework for understanding the distinction between unexpected uncertainty and volatility.

    Impact and Reach

    Statistics

    Activity Overview
    6 month trend
    78Downloads
    6 month trend
    98Hits

    Additional statistics for this dataset are available via IRStats2.

    Altmetric

    Actions (login required)

    View Item View Item