Decision theory with a state of mind represented by an element of a Hilbert space: the Ellsberg paradox

DOI10.1016/J.JMATECO.2018.02.003zbMATH Open1416.91081OpenAlexW2789316247WikidataQ130199184 ScholiaQ130199184MaRDI QIDQ1800979FDOQ1800979

Jürgen Eichberger, Hans-Jürgen Pirner

Publication date: 26 October 2018

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

Full work available at URL: https://doi.org/10.1016/j.jmateco.2018.02.003

zbMATH Keywords

uncertaintydecision theoryHilbert spacequantum theoryEllsberg paradox

Mathematics Subject Classification ID

Decision theory (91B06) Applications of statistical and quantum mechanics to economics (econophysics) (91B80) General and philosophical questions in quantum theory (81P05)

Cites Work

• Title not available (Why is that?)
• Maxmin expected utility with non-unique prior
• Risk, ambiguity and the Savage axioms
• Subjective Probability and Expected Utility without Additivity
• Consistent Quantum Theory
• Prospect Theory: An Analysis of Decision under Risk
• Decision theory with prospect interference and entanglement
• Choice under uncertainty with the best and worst in mind: Neo-additive capacities
• Identifying quantum structures in the Ellsberg paradox
• Quantum structure in economics: The Ellsberg paradox
• MATHEMATICAL STRUCTURE OF QUANTUM DECISION THEORY

Cited In (3)

• The triple-store experiment: a first simultaneous test of classical and quantum probabilities in choice over menus
• Special issue on ambiguity and strategic interactions in honor of Jürgen Eichberger
• Representing attitudes towards ambiguity in Hilbert space: foundations and applications

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