Explicit moments of decision times for single- and double-threshold drift-diffusion processes
We derive expressions for the first three moments of the decision time (DT) distribution produced via first threshold crossings by sample paths of a drift-diffusion equation. The “pure” and “extended” diffusion processes are widely used to model two-alternative forced choice decisions, and, while simple formulae for accuracy, mean DT and coefficient of variation are readily available, third and higher moments and conditioned moments are not generally available. We provide explicit formulae for these, describe their behaviors as drift rates and starting points approach interesting limits, and, with the support of numerical simulations, discuss how trial-to-trial variability of drift rates, starting points, and non-decision times affect these behaviors in the extended diffusion model. Both unconditioned moments and those conditioned on correct and erroneous responses are treated. We argue that the results will assist in exploring mechanisms of evidence accumulation and in fitting parameters to experimental data.
Srivastava, V., P. Holmes, and P. Simen. 2016. "Explicit moments of decision times for single- and double-threshold drift-diffusion processes." Journal of Mathematical Psychology 75: 96-109.
Journal of Mathematical Psychology
Special Issue in Honor of R. Duncan Luce
Decision time, Diffusion model, Conditioned and unconditioned moments, Temporal discrimination, Response-times