The Impact of Asymmetric Partial Feedback on Response-Bias

Abstract

For many decisions we make, we are more likely to receive feedback about some outcomes than about others, and thus we must operate under conditions of asymmetric partial feedback. In this paper, we examine the effects of asymmetric partial feedback on decision making across three experiments. Experiment 1 examines the effects of four partial feedback schedules on decision making in a single-attribute auditory detection task. Experiment 2 examines these same schedules in the context of a simulated experiment in which virtual participants perform a multi-attribute choice task. Experiment 3 then examines effects of one partial feedback schedule representative of a real-world decision-making dom..