Article
Should I stay or should I go? Generalized marginal value theorem with temporal discounting
2024-10-28
Abstract excerpt
Consider a person in an environment containing patchy rewards. Under what circumstances should they stay in a given reward patch or leave that patch to seek out a new one? In a landmark 1976 study, Charnov derived the action policy that maximizes the expected rate at which this person gathers rewards. This result is called the Marginal Value Theorem (MVT), and decades of study have shown that humans’ and other ani...
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Identifiers and source
- Literature Corpus work
- 02b1b825-240d-5ddf-8c85-3083b16f8fbb
- DOI
- 10.1101/2024.10.28.620618
