We present and develop local prospect theory (LPT), a novel framework for understanding consciousness, and, in particular, subjective experience and free will. While predictive processing (PP) theories model the brain as trying to optimize the accuracy of predictions, LPT sees uncertainty as an essential feature of conscious decision-making. This is achieved by creating a "local prospect"-a...
We propose a new theory to explain the nature and function of subjective experience, as a mechanism that guides the organism towards beneficial outcomes. In simple animals, that guidance takes the form of an affect producing a fitness-enhancing response. In human consciousness, there is not a single response, but a range of potential developments allowing a free choice. That range can be...