Table 1.

Mean BIC Scores and Model Parameters

	BIC		ϕ		c		λ		α		W
Chance	1,663	(0)	–	–	–	–	–	–	–	–	–	–
RL-baseline	1,401	(334)	0.54	(0.41)	–0.92	(2.93)	–	–	–	–	–	–
RL-lambda	1,253	(318)	0.40	(0.40)	0.24	(2.10)	0.88	(1.69)	–	–	–	–
RL-PVL	1,195	(291)	0.41	(0.37)	1.43	(1.39)	0.98	(1.83)	0.50	(0.36)	–	–
RL-EVL	1,267	(329)	0.52	(0.40)	0.32	(2.25)	–	–	–	–	0.64	(0.8)
	BIC		p(stay|win)		p(shift|loss)		θ p(shift|loss)		θ p(stay|win)
WSLS	723	(324)	0.58	(0.30)	0.63	(0.31)	0.21	(0.22)	0.25	(0.26)

Note. Values in parentheses are standard deviations. The RL-lambda, RL-PVL, and RL-EVL models include loss aversion parameters (λ and W). Values larger than 1 on these parameters would indicate loss aversion