|In this paper counterfactual thinking is addressed based on literature mainly from Neuroscience and Psychology. A detailed literature review was conducted in identifying processes, neural correlates and theories related to counterfactual thinking from different disciplines. A familiar scenario with respect to counter-factual thinking was identified. Based on the literature, an adaptive self-modeling network model was designed. This model captures the complex pro-cess of counterfactual thinking and the learning and control involved.|
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