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We present the first calibration of quantum decision theory (QDT) to an empirical data set. The data comprise 91 …. The prediction of choice reversal is then refined by introducing heterogeneity between decision makers through a …
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We interpret recent developments in the field of artificial intelligence (AI) as improvements in prediction technology …. In this paper, we explore the consequences of improved prediction in decision-making. To do so, we adapt existing models …. Prediction and judgment are complements as long as judgment is not too difficult. We show that in complex environments with a …
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Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important research question is how to detect risk related regions and to investigate the relation between risk preferences and brain activity. Conventional methods are often insensitive...
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