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Quantum probability, choice in large worlds, and the statistical structure of reality
1School of Economics, University of Cape Town, Cape Town, South Africa. don.ross@uct.ac.za
Abstract:
Classical probability models of incentive response are inadequate in "large worlds," where the dimensions of relative risk and the dimensions of similarity in outcome comparisons typically differ. Quantum probability models for choice in large worlds may be motivated pragmatically - there is no third theory - or metaphysically: statistical processing in the brain adapts to the true scale-relative structure of the universe.
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