Table of Contents

regret and regret avoidance and decision making

see also:

introduction

  • regrets and regret avoidance thus have a powerful role to play in all our decision making whether it by financial investments, personal relationships, career choices, and for doctors, clinical decision making for our patients - it is thus important we understand how this may affect our decision making and potentially push us down the wrong path.

neurobiology of regret

dual-level processing theory

"1st level" reward processing

striato–OFC interaction

"2nd level" reward processing

regret and subsequent decisions

  • if players in a game minimize regret, the frequency of their choices converges to a correlated equilibrium(i.e. the rational solution) of the game