Ontology highlight
ABSTRACT:
SUBMITTER: Pothos EM
PROVIDER: S-EPMC2677606 | biostudies-literature | 2009 Jun
REPOSITORIES: biostudies-literature
Pothos Emmanuel M EM Busemeyer Jerome R JR
Proceedings. Biological sciences 20090325 1665
Two experimental tasks in psychology, the two-stage gambling game and the Prisoner's Dilemma game, show that people violate the sure thing principle of decision theory. These paradoxical findings have resisted explanation by classical decision theory for over a decade. A quantum probability model, based on a Hilbert space representation and Schrödinger's equation, provides a simple and elegant explanation for this behaviour. The quantum model is compared with an equivalent Markov model and it is ...[more]