TY - JOUR
T1 - Logistic analysis of choice data
T2 - A primer
AU - Padoa-Schioppa, Camillo
N1 - Publisher Copyright:
© 2022 Elsevier Inc.
PY - 2022/5/18
Y1 - 2022/5/18
N2 - Logistic regressions were developed in economics to model individual choice behavior. In recent years, they have become an important tool in decision neuroscience. Here, I describe and discuss different logistic models, emphasizing the underlying assumptions and possible interpretations. Logistic models may be used to quantify a variety of behavioral traits, including the relative subjective value of different goods, the choice accuracy, risk attitudes, and choice biases. More complex logistic models can be used for choices between good bundles, in cases of nonlinear value functions, and for choices between multiple options. Finally, logistic models can quantify the explanatory power of neuronal activity on choices, thus providing a valid alternative to receiver operating characteristic (ROC) analyses.
AB - Logistic regressions were developed in economics to model individual choice behavior. In recent years, they have become an important tool in decision neuroscience. Here, I describe and discuss different logistic models, emphasizing the underlying assumptions and possible interpretations. Logistic models may be used to quantify a variety of behavioral traits, including the relative subjective value of different goods, the choice accuracy, risk attitudes, and choice biases. More complex logistic models can be used for choices between good bundles, in cases of nonlinear value functions, and for choices between multiple options. Finally, logistic models can quantify the explanatory power of neuronal activity on choices, thus providing a valid alternative to receiver operating characteristic (ROC) analyses.
KW - behavioral economics
KW - choice biases
KW - choice variability
KW - decision making
KW - neuroeconomics
KW - subjective value
UR - http://www.scopus.com/inward/record.url?scp=85130311717&partnerID=8YFLogxK
U2 - 10.1016/j.neuron.2022.03.002
DO - 10.1016/j.neuron.2022.03.002
M3 - Review article
C2 - 35334232
AN - SCOPUS:85130311717
SN - 0896-6273
VL - 110
SP - 1615
EP - 1630
JO - Neuron
JF - Neuron
IS - 10
ER -