TY  - JOUR
U1  - Wissenschaftlicher Artikel
A1  - Herzog, Bodo
T1  - Quantum model of decision-making in economics
JF  - Journal of quantum information science
N2  - The paper designs a quantum model of decision-making (QMDM) that utilizes neuroscientific evidence. The new model provides both normative and positive implications to economics. First, it enhances the study of decision-making which is an extension of the expected utility theory (EUT) in mathematical economics. Second, we demonstrate how the quantum model mitigates drawbacks of the expected utility theory of today.
KW  - quantum theory in economics
KW  - decision-making
KW  - utility maximization
Y1  - 2015
UN  - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-4866
SN  - 2162-5751
SS  - 2162-5751
U6  - https://doi.org/10.4236/jqis.2015.51001
DO  - https://doi.org/10.4236/jqis.2015.51001
VL  - 5
SP  - 1
EP  - 5
S1  - 5
PB  - Scientific Research Publishing
CY  - Irvine, California
ER  -