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This paper presents a new attempt to explore people's cooperative behavior under the natural uncertainty in decision … uncertainty in human behavior by expanding the strategic space. In this paper we extend the quantum decision-making model to a two …-player Prisoner's dilemma game by bringing in the evolutional decision operators with quantum phases. These quantum phases, following …
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Uncertainty is a key contextual factor that affects the decision-making of multinational corporations on many types of … decision-making. Adopting a broad view of uncertainty, and by means of a systematic review, this paper examines the treatment … of uncertainty in international decision-making in the IB literature and identifies directions for future research. The …
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The present study reviews the literature about dynamic decision-making and judgment of low-probability, high …-consequence events. The specific features of this situation under risk and uncertainty imply an anomaly: while the single probability of … effective policies and risk management strategies ... ; eng …
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The Quantum Decision Theory, developed recently by the authors, is applied to clarify the role of risk and uncertainty … in decision making and in particular in relation to the phenomenon of dynamic inconsistency. By formulating this notion … inconsistency occurring in some discounting effects. While time inconsistency is well accounted for in classical decision theory …
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We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
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&H—to explore the determinants of decision time. C&H categorized individual subjects as being of one of four types (of decision … at the decision times of the different types. We take as given the categorization identified by C&H, and explore whether … the classification can explain the decision times of the subjects. We investigate whether and why different types take a …
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