Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance

Dealing with uncertainty is a pivotal skill for adaptive decision-making across various real-life contexts. Cognitive models suggest that individuals continuously update their knowledge based on past choices and outcomes. Traditionally, uncertainty has been linked to negative states such as fear and...

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Main Authors: Claudio Lavín, Roberto García, Miguel Fuentes
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Behavioral Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-328X/14/12/1144
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author Claudio Lavín
Roberto García
Miguel Fuentes
author_facet Claudio Lavín
Roberto García
Miguel Fuentes
author_sort Claudio Lavín
collection DOAJ
description Dealing with uncertainty is a pivotal skill for adaptive decision-making across various real-life contexts. Cognitive models suggest that individuals continuously update their knowledge based on past choices and outcomes. Traditionally, uncertainty has been linked to negative states such as fear and anxiety. Recent evidence, however, highlights that uncertainty can also evoke positive emotions, such as surprise, interest, excitement, and enthusiasm, depending on one’s task expectations. Despite this, the interplay between mood, confidence, and learning remains underexplored. Some studies indicate that self-reported mood does not always align with confidence, as these constructs evolve on different timescales. We propose that mood influences confidence, thereby enhancing decision flexibility—defined as the ability to switch effectively between exploration and exploitation. This increased flexibility is expected to improve task performance by increasing accuracy. Our findings support this hypothesis, revealing that confidence modulates exploration/exploitation strategies and learning rates, while mood affects reward perception and confidence levels. These findings indicate that metacognition entails a dynamic balance between exploration and exploitation, integrating mood states with high-level cognitive processes.
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spelling doaj-art-4f44582e0c494b0eb495fd9688510c3a2024-12-27T14:10:57ZengMDPI AGBehavioral Sciences2076-328X2024-11-011412114410.3390/bs14121144Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and PerformanceClaudio Lavín0Roberto García1Miguel Fuentes2Departamento de Psicología, Universidad Autónoma de Chile, Región Metropolitana, Santiago 7500912, ChileFacultad de Psicología, Universidad Diego Portales, Región Metropolitana, Santiago 8320000, ChileSanta Fe Institute, Santa Fe, NM 87501, USADealing with uncertainty is a pivotal skill for adaptive decision-making across various real-life contexts. Cognitive models suggest that individuals continuously update their knowledge based on past choices and outcomes. Traditionally, uncertainty has been linked to negative states such as fear and anxiety. Recent evidence, however, highlights that uncertainty can also evoke positive emotions, such as surprise, interest, excitement, and enthusiasm, depending on one’s task expectations. Despite this, the interplay between mood, confidence, and learning remains underexplored. Some studies indicate that self-reported mood does not always align with confidence, as these constructs evolve on different timescales. We propose that mood influences confidence, thereby enhancing decision flexibility—defined as the ability to switch effectively between exploration and exploitation. This increased flexibility is expected to improve task performance by increasing accuracy. Our findings support this hypothesis, revealing that confidence modulates exploration/exploitation strategies and learning rates, while mood affects reward perception and confidence levels. These findings indicate that metacognition entails a dynamic balance between exploration and exploitation, integrating mood states with high-level cognitive processes.https://www.mdpi.com/2076-328X/14/12/1144decision-makingprediction-erroruncertaintyconfidencemood
spellingShingle Claudio Lavín
Roberto García
Miguel Fuentes
Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
Behavioral Sciences
decision-making
prediction-error
uncertainty
confidence
mood
title Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
title_full Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
title_fullStr Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
title_full_unstemmed Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
title_short Navigating Uncertainty: The Role of Mood and Confidence in Decision-Making Flexibility and Performance
title_sort navigating uncertainty the role of mood and confidence in decision making flexibility and performance
topic decision-making
prediction-error
uncertainty
confidence
mood
url https://www.mdpi.com/2076-328X/14/12/1144
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