Assessing the Speed - Accuracy Trade-Off Effect on the Capacity of Information Processing

Abstract

The ability to trade accuracy for speed is fundamental to human decision making. The speed-accuracy trade-off (SAT) effect has received decades of study, and is well understood in relatively simple decisions: collecting more evidence before making a decision allows one to be more accurate but also slower. The SAT in more complex paradigms has been given less attention, largely due to limits in the models and statistics that can be applied to such tasks. Here, we have conducted the first analysis of the SAT in multiple signal processing, using recently developed technologies for measuring capacity that take into account both response time and choice probability. We show that the primary influ..