Saurabh Bedi
@saurabhbedi.bsky.social
17 followers 54 following 4 posts
PhD student in Neuroeconomics, University of Zurich | https://saurabh9729.github.io/saurabhbedi/
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saurabhbedi.bsky.social
When we induce new boundaries, the distortions are largely range-independent, pointing to the decoding stage as the main source.
These principles are likely to generalize to other contexts with bounded quantities 🔄

This work is with @GillesdeH and Christian Ruff 🙂
saurabhbedi.bsky.social
Efficient encoding & Bayesian decoding origins of distortions and variance (via cognitive boundary repulsions) come with dissociable signatures:
➡️ Encoding → range-dependent distortions + variance patterns
➡️ Decoding → range-independent distortions + variance patterns
saurabhbedi.bsky.social
The mechanism is cognitive boundary repulsion: during inference, the posterior is pushed away from boundaries, generating distortions and variance patterns.
This arises independently under both efficient encoding and Bayesian decoding of bounded quantities like probabilities.
saurabhbedi.bsky.social
📢 Preprint out! biorxiv.org/content/10.1... What gives rise to probability weighting, a cornerstone of Prospect Theory?
We show it comes from the natural boundedness of probabilities + cognitive noise. Adding boundaries adds multiple distortions, across risky choice & perception.
Probability weighting arises from boundary repulsions of cognitive noise
In both risky choice and perception, people overweight small and underweight large probabilities. While prospect theory models this with a probability weighting function, and Bayesian noisy coding mod...
biorxiv.org