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The Drift Diffusion Model can account for the accuracy and reaction time of value-based choices under high and low time pressure

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  • Milosavljevic, Milica
  • Malmaud, Jonathan
  • Huth, Alexander
  • Koch, Christof
  • Rangel, Antonio

Abstract

An important open problem is how values are compared to make simple choices. A natural hypothesis is that the brain carries out the computations associated with the value comparisons in a manner consistent with the Drift Diffusion Model (DDM), since this model has been able to account for a large amount of data in other domains. We investigated the ability of four different versions of the DDM to explain the data in a real binary food choice task under conditions of high and low time pressure. We found that a seven-parameter version of the DDM can account for the choice and reaction time data with high-accuracy, in both the high and low time pressure conditions. The changes associated with the introduction of time pressure could be traced to changes in two key model parameters: the barrier height and the noise in the slope of the drift process.

Suggested Citation

  • Milosavljevic, Milica & Malmaud, Jonathan & Huth, Alexander & Koch, Christof & Rangel, Antonio, 2010. "The Drift Diffusion Model can account for the accuracy and reaction time of value-based choices under high and low time pressure," Judgment and Decision Making, Cambridge University Press, vol. 5(6), pages 437-449, October.
  • Handle: RePEc:cup:judgdm:v:5:y:2010:i:6:p:437-449_3
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