What is epistemic value in free energy models of learning and acting? A bounded rationality perspective

Free energy models of learning and acting do not only care about utility or extrinsic value, but also about intrinsic value, that is, the information value stemming from probability distributions that represent beliefs or strategies. While these intrinsic values can be interpreted as epistemic value...

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Bibliographic Details
Published in:Cognitive neuroscience 2015-10, Vol.6 (4), p.215-216
Main Authors: Ortega, Pedro A., Braun, Daniel A.
Format: Article
Language:English
Subjects:
Choice Behavior - physiology
Decision Making - physiology
Humans
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Summary:Free energy models of learning and acting do not only care about utility or extrinsic value, but also about intrinsic value, that is, the information value stemming from probability distributions that represent beliefs or strategies. While these intrinsic values can be interpreted as epistemic values or exploration bonuses under certain conditions, the framework of bounded rationality offers a complementary interpretation in terms of information-processing costs that we discuss here.
ISSN:1758-8928
1758-8936
DOI:10.1080/17588928.2015.1051525