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In the present article we use the quantum formalism to describe the effects of risk and ambiguity in decision theory. The main idea is that the probabilities in the classic theory of expected utility are estimated probabilities, and thus do…

General Physics · Physics 2011-09-21 Riccardo Franco

Majorisation, also called rearrangement inequalities, yields a type of stochastic ordering in which two or more distributions can be compared. In this paper we argue that majorisation is a good candidate as a theory for uncertainty. We…

Statistics Theory · Mathematics 2021-06-17 Victoria Volodina , Nikki Sonenberg , Edward Wheatcroft , Henry Wynn

The paper addresses the problem of representing ambiguities in a way that allows for monotonic disambiguation and for direct deductive computation. The paper focuses on an extension of the formalism of underspecified DRSs to ambiguities…

cmp-lg · Computer Science 2008-02-03 Uwe Reyle

Optimal shelflisting invites profit maximization to become sensitive to the ways in which purchasing decisions are order-dependent. We study the computational complexity of the corresponding product arrangement problem when consumers are…

Computer Science and Game Theory · Computer Science 2016-11-15 Yongjie Yang , Dinko Dimitrov

Complexity of the problem of choosing among uncertain acts is a salient feature of many of the environments in which departures from expected utility theory are observed. I propose and axiomatize a model of choice under uncertainty in which…

Theoretical Economics · Economics 2022-10-17 Quitzé Valenzuela-Stookey

The topic of this paper is the subtle interplay between countability and representations. In particular, we establish that the definition of countability of a certain set $X$ crucially hinges on the associated equivalence relation $=_{X}$.…

Logic · Mathematics 2026-02-09 Sam Sanders

A number of recent papers treated the representation theory of partially ordered sets in unitary spaces with the so called orthoscalar relation. Such theory generalizes the classical theory which studies the representations of partially…

Representation Theory · Mathematics 2015-06-04 Vyacheslav Futorny , Yurii Samoilenko , Kostyantyn Yusenko

This paper develops a theory of learning under ambiguity induced by the decision maker's beliefs about the collection of data correlated with the true state of the world. Within our framework, two classical results on Bayesian learning…

Theoretical Economics · Economics 2026-02-10 Cheaheon Lim

This paper discusses experiments with single-particle systems, some of whose states appear to be entangled. It shows that the interpretation of the experiments in terms of entanglement is ill-defined. Three forms of ambiguity are discussed.…

History and Philosophy of Physics · Physics 2019-12-25 Robert Shaw

Some typical quantization ambiguities of quantum geometry are studied within isotropic models. Since this allows explicit computations of operators and their spectra, one can investigate the effects of ambiguities in a quantitative manner.…

General Relativity and Quantum Cosmology · Physics 2011-09-30 Martin Bojowald

In this article, we study "questionable representations" of (partial or total) orders, introduced in our previous article "A class of orders with linear? time sorting algorithm". (Later, we consider arbitrary binary functional/relational…

Combinatorics · Mathematics 2020-02-24 Laurent Lyaudet

Quantum uncertainty relations impose fundamental limits on the joint knowledge that can be acquired from complementary observables: perfect knowledge of a quantum state in one basis implies maximal indetermination in all other mutually…

Representation theory is shown to be incomplete in terms of enumerating all integrable limits of quantum systems. As a consequence, one can find exactly solvable Hamiltonians which have apparently strongly broken symmetry. The number of…

Nuclear Theory · Physics 2009-10-30 Dimitri Kusnezov

We formulate quantum computing solutions to a large class of dynamic nonlinear asset pricing models using algorithms, in theory exponentially more efficient than classical ones, which leverage the quantum properties of superposition and…

Pricing of Securities · Quantitative Finance 2025-08-26 Eric Ghysels , Jack Morgan

This paper investigates a purely qualitative version of Savage's theory for decision making under uncertainty. Until now, most representation theorems for preference over acts rely on a numerical representation of utility and uncertainty…

Artificial Intelligence · Computer Science 2013-01-30 Helene Fargier , Patrice Perny

Pervasive personal communication technologies offer the potential for important social benefits for individual users, but also the potential for significant social difficulties and costs. In research on face-to-face social interaction,…

Human-Computer Interaction · Computer Science 2008-04-18 Paul M. Aoki , Allison Woodruff

In a real expert system, one may have unreliable, unconfident, conflicting estimates of the value for a particular parameter. It is important for decision making that the information present in this aggregate somehow find its way into use.…

Artificial Intelligence · Computer Science 2013-04-15 Henry Hamburger

A quantitative model of concurrent interaction is introduced. The basic objects are linear combinations of partial order relations, acted upon by a group of permutations that represents potential non-determinism in synchronisation. This…

Logic in Computer Science · Computer Science 2011-07-08 Emmanuel Beffara

The efficacy of robust optimization spans a variety of settings with uncertainties bounded in predetermined sets. In many applications, uncertainties are affected by decisions and cannot be modeled with current frameworks. This paper takes…

Optimization and Control · Mathematics 2018-03-29 Omid Nohadani , Kartikey Sharma

The emptiness and containment problems for probabilistic automata are natural quantitative generalisations of the classical language emptiness and inclusion problems for Boolean automata. It is well known that both problems are undecidable.…

Formal Languages and Automata Theory · Computer Science 2020-03-31 Laure Daviaud , Marcin Jurdziński , Ranko Lazić , Filip Mazowiecki , Guillermo A. Pérez , James Worrell