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 … differentiation of the population into two similar sized groups in terms of "over-confident" and "contrarian" decision makers. This …

measure, but it is nonetheless an essential property for the mathematical development of this theory. Bayesian decision … independence of the two sources of uncertainty. This goes some way towards filling a curious lacuna in Bayesian decision theory …