Laboratory Games and Quantum Behaviour: The Normal Form with a Separable State Space
The subjective expected utility (SEU) criterion is formulated for a particular four-person “laboratory game” that a Bayesian rational decision maker plays with Nature, Chance, and an Experimenter who influences what quantum behaviour is observable by choosing an orthonormal basis in a separable complex Hilbert space of latent variables. Nature chooses a state in this basis, along with an observed data series governing Chance's random choice of consequence. When Gleason's theorem holds, imposing quantum equivalence implies that the expected likelihood of any data series w.r.t. prior beliefs equals the trace of the product of appropriate subjective density and likelihood operators.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Postal: CV4 7AL COVENTRY|
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www2.warwick.ac.uk/fac/soc/economics/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jacob Gyntelberg & Frank Hansen, 2004.
"Expected Utility Theory with “Small Worlds”,"
FRU Working Papers
2004/04, University of Copenhagen. Department of Economics. Finance Research Unit.
- Vladimir Ivanovitch Danilov & Ariane Lambert-Mogiliansky, 2010.
"Expected utility theory under non-classical uncertainty,"
- V. Danilov & A. Lambert-Mogiliansky, 2010. "Expected utility theory under non-classical uncertainty," Theory and Decision, Springer, vol. 68(1), pages 25-47, February.
- Vladimir Ivanovitch Danilov & Ariane Lambert-Mogiliansky, 2008.
"Measurable systems and behavioral sciences,"
When requesting a correction, please mention this item's handle: RePEc:wrk:warwec:969. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Margaret Nash)
If references are entirely missing, you can add them using this form.