Abstract
Visual working memory (VWM), the brief retention of past visual information, supports a range of cognitive functions (Fukuda, Vogel, Mayr, & Awh, 2010; Johnson et al., 2013). The resource that supports VWM is limited, raising the question of how the brain allocates this limited resource to different objects. This question is even more interesting in ecological settings, in which objects are not equally important. In a psychophysical experiment, participants remembered the location of four targets with different probabilities of being tested after a delay. We then measured their memory accuracy of one of the targets. We found that participants allocated more resource to memoranda with higher priority, but underallocated resource to high- and overallocated to low-priority targets relative to the true probe probabilities. These results are well explained by a computational model in which resource is allocated to minimize expected estimation error. We replicated this finding in a second experiment in which participants bet on their memory fidelity after making the location estimate. The results of this experiment show that people 1) use information about memory quality and 2) minimize error even with an incentivized, alternative resource allocation strategy. Humans may mitigate the behavioral effects of a limited VWM through knowledge of memory fidelity and strategic resource allocation.