The quantum-like approach to modeling classical rationality violations: an introduction

Polina Khrennikova, Emmanuel E. Haven

Politics is regarded as a vital area of social science and strongly relies on the assumptions of voters’ rationality and as such the stability of preferences (at least in decisions that are made simultaneously). The phenomenon of divided government that has dominated the US political arena for many election periods over the last 40 years is not consistent with the notion of stable preferences of voters. The authors claim that there is no well defined ranking of their preferences on their utility function of “political preferences.” Recently, this problem has been handled by using the novel approach based on the formalism of quantum mechanics. The theory of quantum decision-making is applicable to the modeling of irrational and biased behavior of voters as well as to the nonseparability of their preferences. Irrationality, biases, and nonseparability lead to a deeper uncertainty than classical probabilistic uncertainty. In particular, quantum probability describes well the violation of Bayesian rationality. The authors model this nonclassical uncertainty in voters’ preferences by using elements of the fundamental quantum information structures such as superposition and entanglement. The chapter is an introduction to the quantum modeling of the behavior of an electorate with unstable preferences (contextual preferences) and the authors use one of the most potent theories of adaptive dynamics, namely, the theory of open quantum systems. In this model a voter’s decision is created in the process of interaction with an information bath in which the mass media play the key role. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Andrei Yu. Khrennikov

Andrei Yu. Khrennikov

Lucio Tonello, Paolo Grigolini A

The bounded rationality mainstream is based on interesting experiments showing human behaviors violating classical probability (CP) laws. Quantum probability (QP) has been shown to successfully figure out such issues, supporting the hypothesis that quantum mechanics is the central fundamental pillar for brain function and cognition emergence. We discuss the decision-making model (DMM), a paradigmatic instance of criticality, which deals with bounded rationality issues in a similar way as QP, generating choices that cannot be accounted by CP. We define this approach as criticality-induced bounded rationality (CIBR). For some aspects, CIBR is even more satisfactory than QP. Our work may contribute to considering criticality as another possible fundamental pillar in order to improve the understanding of cognition and of quantum mechanics as well.

Emmanuel M. Pothos, Jerome R. Busemeyer

Two experimental tasks in psychology, the two-stage gambling game and the Prisoner's Dilemma game, show that people violate the sure thing principle of decision theory. These paradoxical findings have resisted explanation by classical decision theory for over a decade. A quantum probability model, based on a Hilbert space representation and Schrödinger's equation, provides a simple and elegant explanation for this behaviour. The quantum model is compared with an equivalent Markov model and it is shown that the latter is unable to account for violations of the sure thing principle. Accordingly, it is argued that quantum probability provides a better framework for modelling human decision-making.

Pierre Uzan