Journal of Quantum Information Science

Volume 2, Issue 4 (December 2012)

ISSN Print: 2162-5751   ISSN Online: 2162-576X

Google-based Impact Factor: 1  Citations  h5-index & Ranking

An Experimental Comparison of Quantum Decision Theoretical Models of Intertemporal Choice for Gain and Loss

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DOI: 10.4236/jqis.2012.24018    3,528 Downloads   5,874 Views  

ABSTRACT

In mathematical physics and psychology, “quantum decision theory” has been proposed to explain anomalies in human decision-making. One of such quantum models has been proposed to explain time inconsistency in human decision over time. In this study, we conducted a behavioral experiment to examine which quantum decision models best account for human intertemporal choice. We observed that a q-exponential model developed in Tsallis’ thermodynamics (based on Takahashi’s (2005) nonlinear time perception theory) best fit human behavioral data for both gain and loss, among other quantum decision models.

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T. Takahashi, H. Nishinaka, T. Makino, R. Han and H. Fukui, "An Experimental Comparison of Quantum Decision Theoretical Models of Intertemporal Choice for Gain and Loss," Journal of Quantum Information Science, Vol. 2 No. 4, 2012, pp. 119-122. doi: 10.4236/jqis.2012.24018.

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