From ambiguity aversion to a generalized expected utility. Modeling preferences in a quantum probabilistic framework

DOI10.1016/j.jmp.2016.02.007zbMath1396.91169arXiv1510.09058OpenAlexW2963039785WikidataQ62607194 ScholiaQ62607194MaRDI QIDQ334470

Diederik Aerts, Sandro Sozzo

Publication date: 1 November 2016

Published in: Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1510.09058

zbMATH Keywords

expected utility theoryquantum probabilityquantum modelingEllsberg and Machina paradoxes

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Quantum state spaces, operational and probabilistic concepts (81P16)

Related Items

Modeling human decision-making: an overview of the Brussels quantum approach ⋮ Representing attitudes towards ambiguity in Hilbert space: foundations and applications ⋮ Explaining versus describing human decisions: Hilbert space structures in decision theory ⋮ Quantum structures in human decision-making: towards quantum expected utility ⋮ A proposal to extend expected utility in a quantum probabilistic framework ⋮ Testing ambiguity and Machina preferences within a quantum-theoretic framework for decision-making

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