Psychologists report that people make choices on the basis of "decision utilities'' that routinely overestimate the "experienced utility'' consequences of these choices. This paper argues that this dichotomy between decision and experienced utilities may be the solution to an evolutionary design...

Recent research in neuroscience suggests that utility is cardinal. This focuses attention on the adaptation of utility, as plausibly arises from a limited capacity to make fine distinctions. The present focus is on real time adaptation. The simple mechanism proposed adapts to an arbitrary...

Recent research in neuroscience suggests that utility is cardinal. This focuses attention on the adaptation of utility, as plausibly arises from a limited capacity to make fine distinctions. The present focus is on real time adaptation. The simple mechanism proposed adapts to an arbitrary...