“…This suggestion is in line with the idea of a stronger utilization of more explicit (model‐based) expectations in the present study, masking expectations which are based on trial‐by‐trial value associations as derived by model‐free Q learning (Botvinick & Weinstein, 2014; Daw et al, 2011; Wang, Kurth‐Nelson, et al, 2018). Besides the task demands, it might also be that assessing self‐reported expectations within each trial further contributed to participants' overall use of more explicit predictions (Akam & Walton, 2021; Doll et al, 2009; Smittenaar et al, 2013). Overall, since negative PEs were not indicative of the need for behavioral adjustment, it may be that FMθ was less affected by trial‐by‐trial predictions but more by implicit learning about the reversals, decoupling the often‐replicated association between PEs and FMθ (Cooper et al, 2019; Kaufman et al, 2010; Pinner & Cavanagh, 2017; Reber, 2013).…”