Electroencephalographic Topography Measures of Experienced Utility

Electroencephalographic topography measures of experienced utility.

Economic theory distinguishes two concepts of utility: decision utility, objectively quantifiable by choices, and experienced utility, referring to the satisfaction by an obtainment. To date, experienced utility is typically measured with subjective ratings. This study intended to quantify experienced utility by global levels of neuronal activity. Neuronal activity was measured by means of elec...

Anomalies: Utility Maximization and Experienced Utility

From Experienced Utility to Decision Utility

Identifying What Does What for Brain Mechanisms of Outcome Utilities 330 Brain Mesolimbic Dopamine: Anticipated/Predicted Utility or Pure Decision Utility? 330 Berridge’s Incentive Salience Theory: Dopamine as Pure Decision Utility 331 Incentive Salience “Wanting” versus Ordinary Wanting 331 Computational Modeling of Incentive Salience as Decision Utility 333 Applications of Incentive Salience ...

Experienced Utility and Objective Happiness

Back to Bentham? Explorations of Experienced Utility

Two core meanings of “utility” are distinguished. “Decision utility” is the weight of an outcome in a decision. “Experienced utility” is hedonic quality, as in Bentham’s usage. Experienced utility can be reported in real time (instant utility), or in retrospective evaluations of past episodes (remembered utility). Psychological research has documented systematic errors in retrospective evaluati...