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Allais paradox 1 Ellsberg paradox 1 Hilbert space 1 conjunction fallacy 1 decision theory 1 disjunction effect 1 emotions 1 independence paradox 1 inversion paradox 1 isolation effect 1 loss aversion 1 quantum theory 1 uncertainty aversion 1 utility theory 1
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Sornette, Didier 1 Yukalov, Vyacheslav I. 1
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Swiss Finance Institute Research Paper Series 1
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Mathematical Basis of Quantum Decision Theory
Yukalov, Vyacheslav I.; Sornette, Didier
Following the ideas of Bohr, Von Neumann, and Benioff, we formulate quantum decision theory (QDT) as the quantum-mechanical theory of measurement for probability operators. QDT captures the effect of superposition of composite prospects, including many incorporated intentions. It is based on the...
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