Confidence ratings increase response thresholds in decision making.

Psychon Bull Rev

Institute of Developmental Psychology, Faculty of Psychology, Beijing Normal University, Beijing, China.

Published: June 2024

Many mental processes are reactive - they are altered as a result of introspection and monitoring. It has been documented that soliciting trial-by-trial confidence ratings (CRs) reactively improves decision accuracy and lengthens response times (RTs), but the cognitive mechanisms underlying CR reactivity in decision-making remain unknown. The current study conducted two experiments and employed the drift-diffusion model (DDM) to explore why reporting confidence reactively alters the decision-making process. The results showed that CRs led to enhanced decision accuracy, longer RTs, and higher response thresholds. The findings are consistent with an increased conservatism hypothesis which asserts that soliciting CRs provokes feelings of uncertainty and makes individuals more cautious in their decision making.

Download full-text PDF

Source
http://dx.doi.org/10.3758/s13423-023-02380-5DOI Listing

Publication Analysis

Top Keywords

confidence ratings
8
response thresholds
8
decision making
8
decision accuracy
8
ratings increase
4
increase response
4
decision
4
thresholds decision
4
making mental
4
mental processes
4

Similar Publications

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!