Quantum Type Indeterminacy in Dynamic Decision-Making: Self-control Through Identity Management
AbstractThe Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In a dynamic decision context type indeterminacy induces a game with multiple selves associated with a state transition process. We define a Markov perfect equilibrium among the selves with individual identity (preferences) as the state variable. The approach allows to characterize generic personality types and derive some comparative static results.
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Date of creation: Apr 2012
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Indeterminacy ; Decision-making ; Self-control ; Identity;
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