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Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Subjective expected utility on orthomodular lattices
1Centre d'Économie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, Paris, Île-de-France, France.
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In recent work, the author has developed a general category-theoretic framework for decision theory. This article applies this to the category of orthomodular lattices (OMLs). Every Boolean algebra is an OML, so this yields a new (syntactic) model of decision-making with classical uncertainty. The lattice of closed subspaces of a Hilbert space is also an OML, so this also yields a new model of decision-making with quantum uncertainty. This article is part of the theme issue 'Quantum theory and topology in models of decision making (Part 2)'.
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