کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
11004882 1479242 2018 32 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Testing ambiguity and Machina preferences within a quantum-theoretic framework for decision-making
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
Testing ambiguity and Machina preferences within a quantum-theoretic framework for decision-making
چکیده انگلیسی
The Machina thought experiments pose to major non-expected utility models challenges that are similar to those posed by the Ellsberg thought experiments to subjective expected utility theory (SEUT). We test human choices in the 'Ellsberg three-color example', confirming typical ambiguity aversion patterns, and the 'Machina 50/51 and reflection examples', partially confirming the preferences hypothesized by Machina. Then, we show that a quantum-theoretic framework for decision-making under uncertainty recently elaborated by some of us allows faithful modeling of the collected data. In the quantum-theoretic framework, subjective probabilities are represented by quantum probabilities, while quantum state transformations enable representations of ambiguity aversion and subjective attitudes toward it.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 78, October 2018, Pages 176-185
نویسندگان
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