Suboptimal Foraging Behavior: A New Perspective on Gambling

Addicott, M. A., Pearson, J. M., Kaiser, N., Platt, M. L., & Joseph, F. (2015). Suboptimal Foraging Behavior: A New Perspective on Gambling. Behavioral Neuroscience, No Pagination Specified.

Why do people gamble? Conventional views hold that gambling may be motivated by irrational beliefs, risk-seeking, impulsive temperament, or dysfunction within the same reward circuitry affected by drugs of abuse. An alternate, unexplored perspective is that gambling is an extension of natural foraging behavior to a financial environment. However, when these foraging algorithms are applied to stochastic gambling outcomes, undesirable results may occur…

via PsycNET – Display Record.