The Results of the Reward Prediction Error Experiment - Deepstash

The Results of the Reward Prediction Error Experiment

The happiness of the subjects did not depend on how large the rewards were. Instead, the momentary happiness depended on the outcomes of their expectations.

The process of learning how the experimented game worked made people feel good rather than the reward they won.

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MORE IDEAS FROM Happiness: why learning, not rewards, may be the key – new research

Seeking Happiness
  • The pursuit to happiness has always been a never ending journey. It started even before the French philosophers came into the picture.
  • From Aristotle to Bentham, they all argued that our subjective well-being is important. However, it has been proven that increasing societal happiness is not a walk in the park.
  • The main driver of happiness is how the reward matches with our expectations, not the reward itself.

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When we receive a reward for a job we've done, we always equate a certain amount of expectations and feelings of excitement towards the reward.

Reward prediction errors play a major role in learning because it helps us understand people's motivations behind certain behaviors and their perspectives or beliefs about the world.

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  • Many people seek to learn as the opportunity arises even if the reward of the game isn't of any material value, that is why many people still enjoy playing sudoku amongst other things.
  • The motivation to join in an intrinsically rewarding activity - like solving problems - has been shown to decrease when a payment is introduced.
  • Rewards in the real world often come in uncertain amounts. However, the good news is that regardless of what may be, learning has the potential to boost happiness.

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RELATED IDEA

On social media, being good looking is important to attract a certain audience. Social media influencers are going to great lengths to appear appealing to their followers, in order to grow their fame. They spend thousands of dollars on surgeries and makeovers, making sure no fashion and lifestyle trend is left untouched.

This social media image is a high-maintenance affair, with many succumbing to mental health problems associated with the new barometers of success, as the number of likes on their Instagram posts.

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It refers to how we predict our future emotions and how certain life events will affect them.

We’re generally pretty bad at it—and that impacts our productivity, our goal setting, and our overall happiness

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  • Employee groups are becoming heterogeneous. 
  • Standard blanket homogenous rewards and benefit offerings are no longer ideal for employees.
  • Employees have started to prefer organisations that offer a basket of reward options based on their individual preferences. 
  • This includes offerings that support their healthcare, lifestyle, wellbeing, learning priorities such as gym memberships, cafeteria options, skill addition opportunities etc.

 

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