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Measurable systems and behavioral sciences

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Author Info
Danilov, V.I.
Lambert-Mogiliansky, A.

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Abstract

Individual choices often depend on the order in which the decisions are made. In this paper, we expose a general theory of measurable systems (an example of which is an individual characterized by her preferences) allowing for incompatible (non-commuting) measurements. The basic concepts are illustrated in an example of non-classical rational choice. We conclude with a discussion of some of the basic properties of non-classical systems in the context of social sciences. In particular, we argue that the distinctive feature of non-classical systems translates into a formulation of bounded rationality.

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Publisher Info
Article provided by Elsevier in its journal Mathematical Social Sciences.

Volume (Year): 55 (2008)
Issue (Month): 3 (May)
Pages: 315-340
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Handle: RePEc:eee:matsoc:v:55:y:2008:i:3:p:315-340

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Web page: http://www.elsevier.com/locate/inca/505565

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  1. Jerry Busemeyer & Ariane Lambert-Mogiliansky, 2009. "TI-games I: An exploration of Type Indeterminacy in strategic decision-making," PSE Working Papers 2009-07, PSE (Ecole normale supérieure). [Downloadable!]
  2. Vladimir I. Danilov & Ariane Lambert-Mogiliansky, 2007. "Non-classical expected utility theory with application to type indeterminacy," PSE Working Papers 2007-36, PSE (Ecole normale supérieure). [Downloadable!]
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This page was last updated on 2009-12-3.


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