Decision theory with a Hilbert space as possibility space
In this paper, we propose an interpretation of the Hilbert space method used in quantum theory in the context of decision making under uncertainty. For a clear comparison we will stay as close as possible to the framework of SEU suggested by Savage (1954). We will use the Ellsberg (1961) paradox to...
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| Hauptverfasser: | , |
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| Dokumenttyp: | Book/Monograph Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
Heidelberg
University of Heidelberg, Department of Economics
July 19, 2017
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| Schriftenreihe: | Discussion paper series / University of Heidelberg, Department of Economics
no. 637 |
| In: |
Discussion paper series (no. 637)
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| Schlagworte: | |
| Online-Zugang: | Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-233885 Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/179267 Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/23388 Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/23388/1/dp637.pdf 
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| Verfasserangaben: | Jürgen Eichberger and Hans Jürgen Pirner |
| Zusammenfassung: | In this paper, we propose an interpretation of the Hilbert space method used in quantum theory in the context of decision making under uncertainty. For a clear comparison we will stay as close as possible to the framework of SEU suggested by Savage (1954). We will use the Ellsberg (1961) paradox to illustrate the potential of our approach to deal with well-known paradoxa of decision theory. |
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| Beschreibung: | Online Resource |