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Poster B35 in Poster Session B - Thursday, August 8, 2024, 1:30 – 3:30 pm, Johnson Ice Rink
Individual differences in strategic exploration may reflect rational consideration of learning
Kate Nussenbaum1 (), Nathaniel Daw1; 1Princeton University
Previous research has found that people explore strategically, increasingly forgoing immediate rewards to gain information when information has more value. While evidence for strategic exploration is robust on average, there is substantial heterogeneity in the extent to which individuals consider information value when deciding whether to explore or exploit. Here, we extended an existing task to examine individual differences in how the value of information influences exploration. In a large sample of adults (N = 163), we demonstrate that sensitivity to the value of information may reflect the extent to which information is used to guide future choices.
Keywords: exploration value-guided learning