Project description
Do we always need to trade accuracy for speed in decision-making?
A hasty decision often leads to error! Bad decisions are often those that were made in a rush. How do decision-makers deal with speed and accuracy constraints. The Marie Skłodowska-Curie Actions (MSCA) CrossEDGE project will study this speed-accuracy trade-off, which is an important cornerstone for the sciences studying decision making. Using an interdisciplinary approach, involving experimental and mathematical psychology along with cognitive neuroscience and artificial intelligence, the project will provide a broadly applicable framework. Overall, the project will introduce an innovative approach to decision-making with broad applicability, likely to increase the description and predictions we can make of the behaviour and psychological processes involved in decision-making.
Objective
Our daily lives are full of decisions for which we could take an infinite time in order to decide as accurately as possible. However, different speed and accuracy constraints, tied to the type of decisions, the decision-maker and his environment, are limiting the time allocated. How decision-makers deal with this speed-accuracy tradeoff is an important cornerstone for the sciences studying decision making such as psychology, cognitive neuroscience and artificial intelligence. One particularly successful proposal of formal decision-making models is to assume that decision-makers are reducing or increasing decision thresholds to adapt to the speed and accuracy constraints. But recent evidence shows that this strategy is insufficient to explain the full range of behavioral and physiological data in decision tasks. The present proposal suggests, based on new studies, that speed-accuracy tradeoff is achieved by varying the reliance on three different response strategies: guessing, immediate evidence accumulation and delayed evidence accumulation. Using an interdisciplinary approach, involving experimental psychology, mathematical psychology along with cognitive neuroscience and artificial intelligence, the project aims at providing a broadly applicable framework to detect, measure, and estimate the reliance on the three strategies along with the description of the psychological processes behind these. This project will train a promising cognitive psychologist and neuroscientist to apply advanced methods in a unique and fruitful research environment linking the four disciplines. It will also provide the host organisation with new tools to study latent cognitive processes in cognitive tasks. Overall, the project will constitute an innovative approach to decision making with broad applicability, likely to increase the description and predictions we can make of behavior and psychological processes involved in decision making, in conjunction with inter-individual differences.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences biological sciences neurobiology
- social sciences psychology
- medical and health sciences basic medicine physiology
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2021-PF-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
3584 CS Utrecht
Netherlands
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.