A Normative Theory of Decision Making from Multiple Stimuli: The Contextual Diffusion Decision Model
Michael Shvartsman, Vaibhav Srivastava, Narayanan Sundaram, Jonathan D. Cohen

TL;DR
This paper introduces the Contextual Diffusion Decision Model (CDDM), a Bayesian, neural-inspired extension of the DDM that accounts for dynamic, multi-source information in decision-making tasks.
Contribution
It generalizes the DDM to include multiple information sources and supports various context-dependent psychological tasks with a unified model.
Findings
CDDM supports classic and new context-dependent decision tasks.
The model enables normative analysis of response and memory strategies.
Consistent parameters recover qualitative data patterns across tasks.
Abstract
The dynamics of simple two-alternative forced-choice (2AFC) decisions are well-modeled by a class of random walk models (e.g. Laming, 1968; Ratcliff, 1978; Usher & McClelland, 2001; Bogacz et al., 2006). However, in real-life, even simple decisions involve dynamically changing influence of additional information. In this work, we describe a computational theory of decision making from multiple sources of information, grounded in Bayesian inference and consistent with a simple neural network. This Contextual Diffusion Decision Model (CDDM) is a formal generalization of the Diffusion Decision Model (DDM), a popular existing model of fixed-context decision making (Ratcliff, 1978), and shares with it both a mechanistic and a probabilistic motivation. Just as the DDM is a model for a variety of simple two-alternative forced-choice (2AFC) decision making tasks, we demonstrate that the CDDM…
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