posted on 2018-02-14, 12:13authored byCatarina Moreira, Andreas Wichert
Recent work in cognitive psychology has revealed that quantum probability
theory provides another method of computing probabilities without falling into the
restrictions that classical probability has in regard to modeling cognitive systems and
decision-making. This enables the explanation of paradoxical scenarios that are difficult,
or even impossible, to explain through classical probability theory. In this work, we
perform an overview of the most important quantum models in the literature that are used
to make predictions under scenarios where the Sure Thing Principle is being violated
(the Quantum-Like Approach, the Quantum Dynamical Model, the Quantum Prospect
Theory and Quantum-Like Bayesian Networks). We evaluated these models in terms of
three metrics: interference effects, parameter tuning and scalability. The first examines if
the analyzed model makes use of any type of quantum interferences to explain human
decision-making. The second is concerned with the assignment of values to a large
number of quantum parameters. The last one consists of analyzing the ability of the
models to be extended and generalized to more complex scenarios. We also studied
the growth of the quantum parameters when the complexity and the levels of uncertainty
of the decision scenario increase. Finally, we compared these quantum models with
traditional classical models from the literature. We conclude with a discussion of the
manner in which the models addressed in this paper can only deal with very small
decision problems and why they do not scale well to larger, more complex decision
scenarios.
History
Citation
Frontiers in Physics, 2016, 4
Author affiliation
/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/School of Management