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We propose a new parametrization of Quantum Decision Theory (QDT), based on Rank Dependent Utility Theory (RDU). Using … experimental data made of choices between pairs of lotteries, we compare QDT with "classical" decision theories, RDU and Cumulative … decision makers as either RDU, RDU-based QDT, CPT or CPT-based QDT. Our major findings are the following: the quantum …
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expect a decision maker to distinguish between different time periods or different prizes? Our key premise is that cognitive …
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