Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179267
Authors: 
Eichberger, Jürgen
Pirner, Hans Jürgen
Year of Publication: 
2017
Series/Report no.: 
Discussion Paper Series 637
Abstract: 
In this paper, we propose an interpretation of the Hilbert space method used in quantum theory in the context of decision making under uncertainty. For a clear comparison we will stay as close as possible to the framework of SEU suggested by Savage (1954). We will use the Ellsberg (1961) paradox to illustrate the potential of our approach to deal with well-known paradoxa of decision theory.
Subjects: 
Decision theory
uncertainty
Ellsberg paradox
quantum theory
Hilbert space
possibility space
JEL: 
C00
C44
D03
D81
Persistent Identifier of the first edition: 
Document Type: 
Working Paper
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