Identifying quantum structures in the Ellsberg paradox Vrije Universiteit Brussel
A contextual risk model for the Ellsberg paradox Vrije Universiteit Brussel
Quantum structures in economics: The Ellsberg paradox Vrije Universiteit Brussel
A quantum model for the Ellsberg and Machina paradoxes Vrije Universiteit Brussel
A proposal to extend expected utility in a quantum probabilistic framework Vrije Universiteit Brussel
Quantum Structures in Human Decision-making: Towards Quantum Expected Utility Vrije Universiteit Brussel
Ellsberg thought experiments and empirical confirmation of Ellsberg preferences pose serious challenges to subjective expected utility theory (SEUT). We have recently elaborated a quantum-theoretic framework for human decisions under uncertainty which satisfactorily copes with the Ellsberg paradox and other puzzles of SEUT. We apply here the quantum-theoretic framework to the Ellsberg two-urn example, showing that the paradox can be explained ...