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Kobayashi, Kenji; Kable, Joseph W.
Neuron (Cambridge, Mass.), 06/2024, Volume: 112, Issue: 11Journal Article
We ubiquitously seek information to make better decisions. Particularly in the modern age, when more information is available at our fingertips than ever, the information we choose to collect determines the quality of our decisions. Decision neuroscience has long adopted empirical approaches where the information available to decision-makers is fully controlled by the researchers, leaving neural mechanisms of information seeking less understood. Although information seeking has long been studied in the context of the exploration-exploitation trade-off, recent studies have widened the scope to investigate more overt information seeking in a way distinct from other decision processes. Insights gained from these studies, accumulated over the last few years, raise the possibility that information seeking is driven by the reward system signaling the subjective value of information. In this piece, we review findings from the recent studies, highlighting the conceptual and empirical relationships between distinct literatures, and discuss future research directions necessary to establish a more comprehensive understanding of how individuals seek information as a part of value-based decision-making. Information seeking is an integral, yet often overlooked aspect of value-based decision-making. Kobayashi and Kable review recent findings on the neural mechanisms of information seeking, highlighting an emerging hypothesis that the reward system represents the subjective value of information.
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