You Cannot Gamble on Others: Dissociable Systems for Strategic Uncertainty and Risk in the Brain
[vc_row back_to_top_skin="default"][vc_column][vc_column_text]This paper tests whether strategic uncertainty employs circuits in the brain that encode risk and utility, or circuits that are involved in Theory of Mind (ToM). We compare participants’ decisions in a stag-hunt game with an equivalent choice between Bernoulli lotteries where the probabilities are equal to the mixed Nash equilibrium of the stag hunt game. Behavioral data suggests...