Modelling decision making uncertainty and contextuality

Patra, Sudip and Ghose, Partha (2024) Modelling decision making uncertainty and contextuality. In: Partial identification in econometrics and related topics. Studies in Systems, Decision and Control, 531 . Springer, Cham, pp. 253-265. ISBN 978-3-031-59112-9

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Abstract

Human cognition and decision making have always baffled thinkers from time immemorial. More recently over the last decade or so, there has been keen interest in studying the ‘mind’ from a ‘non-classical’ logic perspective. Mathematically, the standard Kolmogorov measure theory based framework for decision-making has been challenged. It has been suggested that the human mind might be better described by ‘quantum’ or ‘quantum-like’ logic rather than by binary or Boolean logic. In particular, contextuality, uncertainty and non-locality in cognition have been studied in that context. In this paper we outline an alternative non-quantum framework which is mathematically equivalent to the quantum framework but free of its vexing interpretational problems. In particular, we explore decision making under ambiguity and contextuality.

Item Type: Book Section
Keywords: Human cognition | Decision Making | Kolmogorov measure theory
Subjects: Social Sciences and humanities > Decision Sciences > General Decision Sciences
Physical, Life and Health Sciences > Computer Science
Physical, Life and Health Sciences > Engineering and Technology
JGU School/Centre: Jindal Global Business School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 03 Aug 2024 05:41
Last Modified: 03 Aug 2024 05:41
Official URL: https://doi.org/10.1007/978-3-031-59110-5_18
URI: https://pure.jgu.edu.in/id/eprint/8206

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