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  Peril, Prudence and Planning as Risk, Avoidance and Worry

Dayan, P., & Gagne, C. (2021). Peril, Prudence and Planning as Risk, Avoidance and Worry. Talk presented at The Fields Institute for Research in Mathematical Sciences: 2020-2021 Machine Learning Advances and Applications Seminar. Toronto, Canada. 2021-02-08.

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 Creators:
Dayan, P1, 2, Author              
Gagne, C1, 2, Author              
Affiliations:
1Department of Computational Neuroscience, Max Planck Institute for Biological Cybernetics, Max Planck Society, ou_3017468              
2Max Planck Institute for Biological Cybernetics, Max Planck Society, ou_1497794              

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 Abstract: Risk occupies a central role in both the theory and practice of decision-making. Although it is deeply implicated in many conditions involving dysfunctional behavior and thought, modern theoretical approaches to understanding and mitigating risk in either one-shot or sequential settings have yet to permeate fully the fields of neural reinforcement learning and computational psychiatry. I will discuss the use of one prominent approach, called conditional value-at-risk to examine both the nature of risk avoidant choices, encompassing such things as justified gambler's fallacies, and the optimal planning that can lead to consideration of such choices, with implications for offline, ruminative, thinking in the context of anxiety.

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 Dates: 2021-02
 Publication Status: Published online
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Title: The Fields Institute for Research in Mathematical Sciences: 2020-2021 Machine Learning Advances and Applications Seminar
Place of Event: Toronto, Canada
Start-/End Date: 2021-02-08
Invited: Yes

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