English

Measurable Systems and Behavioral Sciences

Physics and Society 2007-06-20 v3

Abstract

Individual choices often depend on the order in which the decisions are made. In this paper, we expose a general theory of measurable systems (an example of which is an individual's preferences) allowing for incompatible (non-commuting) measurements. The basic concepts are illustrated in an example of non-classical rational choice. We conclude with a discussion of some of the basic properties of non-classical systems in the context of social sciences. In particular, we argue that the distinctive feature of non-classical systems translates into a formulation of bounded rationality.

Keywords

Cite

@article{arxiv.physics/0604051,
  title  = {Measurable Systems and Behavioral Sciences},
  author = {V. I. Danilov and A. Lambert-Mogiliansky},
  journal= {arXiv preprint arXiv:physics/0604051},
  year   = {2007}
}

Comments

36 pages, 3 figures