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Quantum Mechanical and Human Violations of Compound Probability Principles: Toward a Generalized Heisenberg Uncertainty Principle

Author

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  • Robert F. Bordley

    (General Motors Research Laboratories, Warren, Michigan)

Abstract

A key central tenet of decision theory is that decomposing an uncertain event into sub-events should not change the overall probability assigned to that uncertain event. As we show, both quantum physics and behavioral decision theory appear to systematically violate this principle in very similar ways. These results suggest that the structuring phase of decision analysis—which specifies how various events are decomposed—helps shape the subjective probabilities which will ultimately be assigned to those events.

Suggested Citation

  • Robert F. Bordley, 1998. "Quantum Mechanical and Human Violations of Compound Probability Principles: Toward a Generalized Heisenberg Uncertainty Principle," Operations Research, INFORMS, vol. 46(6), pages 923-926, December.
    • Handle: RePEc:inm:oropre:v:46:y:1998:i:6:p:923-926
    DOI: 10.1287/opre.46.6.923
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    File URL: http://dx.doi.org/10.1287/opre.46.6.923
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    Citations

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    Cited by:

    1. Bordley, Robert F., 2005. "Econophysics and individual choice," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 354(C), pages 479-495.
    2. Ali Hussein Samadi & Afshin Montakhab & Hussein Marzban & Sakine Owjimehr, 2017. "Quantum Barro--Gordon Game in Monetary Economics," Papers 1708.05689, arXiv.org.
    3. Samadi, Ali Hussein & Montakhab, Afshin & Marzban, Hussein & Owjimehr, Sakine, 2018. "Quantum Barro–Gordon game in monetary economics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 489(C), pages 94-101.
    4. Paras M. Agrawal & Ramesh Sharda, 2013. "OR Forum---Quantum Mechanics and Human Decision Making," Operations Research, INFORMS, vol. 61(1), pages 1-16, February.

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