Preference reversal in quantum decision theory

We consider the psychological effect of preference reversal and showthat it finds a natural explanation in the frame of quantum decisiontheory. When people choose between lotteries with non-negative payoffs, they prefer a more certain lottery because of uncertainty aversion. But when people evaluate...

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Bibliographic Details
Main Authors: Vyacheslav I. Yukalov, Didier eSornette
Format: Article
Language:English
Published: Frontiers Media S.A. 2015-10-01
Series:Frontiers in Psychology
Subjects:
Online Access:http://journal.frontiersin.org/Journal/10.3389/fpsyg.2015.01538/full