@inproceedings{c97a179675044b0db23f78441e25e0c6,
title = "Modelling the Integration of Costs and Benefits During Decision Making",
abstract = "In this paper a computational cognitive model for decision making based on cost-benefit comparison is presented. For such decision making, it is required that the bene-fits of an option gets weighed against the costs. The brain weighs costs against benefits by combining reward and loss signals in the brain into a single, difference-based neural representation of net value, which is accumulated over time until the individual decides to accept or reject an option. The presented model integrates such findings of the litera-ture and is able to explain a person{\textquoteright}s decision making behaviour through several sce-narios. A general parameter setting was found that is used throughout all the simulation scenarios.",
author = "Mounir Icho and Thilakarathne, {Dilhan Jayantha} and Jan Treur",
note = "https://www.springer.com/gp/book/9783030382261",
year = "2020",
month = mar,
day = "23",
language = "English",
series = "Advances in Intelligent Systems and Computing",
publisher = "Springer Nature Switzerland AG",
booktitle = "Proceedings of the Second International Conference on Decision Economics, DECON'20",
}