Calibration of quantum decision theory: aversion to large losses and predictability of probabilistic choices

Calibration of quantum decision theory: aversion to large losses and predictability of probabilistic choices

We present the first calibration of quantum decision theory (QDT) to a dataset of binary risky choice. We quantitatively account for the fraction of choice reversals between two repetitions of the experiment, using a probabilistic choice formulation in the simplest form without model assumption or a...

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Bibliographic Details
Main Authors: T Kovalenko, S Vincent, V I Yukalov, D Sornette
Format: Article
Language:English
Published: IOP Publishing 2023-01-01
Series:Journal of Physics: Complexity
Subjects:
quantum decision theory
prospect probability
utility factor
attraction factor
stochastic cumulative prospect theory
predictability limit
Online Access:https://doi.org/10.1088/2632-072X/acbd7e

Internet

https://doi.org/10.1088/2632-072X/acbd7e

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