Related papers: Decisions, Decisions, Decisions: Can Savage Salvag…
We derive an analogue of the quantum total probability rule by constructing a probability theory based on paraconsistent logic. Bayesian probability theory is constructed upon classical logic and a desiderata, that is, a set of desired…
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…
In order to make the quantum mechanics a closed theory one has to derive the Born rule from the first principles, like the Schroedinger equation, rather than postulate it. The Born rule was in certain sense derived in several articles, e.g.…
In a quantum-Bayesian take on quantum mechanics, the Born Rule cannot be interpreted as a rule for setting measurement-outcome probabilities from an objective quantum state. But if not, what is the role of the rule? In this paper, we argue…
We provide a derivation of the Born Rule in the context of the Everett (Many-Worlds) approach to quantum mechanics. Our argument is based on the idea of self-locating uncertainty: in the period between the wave function branching via…
Unitary quantum theory, having no Born Rule, is non-probabilistic. Hence the notorious problem of reconciling it with the unpredictability and appearance of stochasticity in quantum measurements. Generalising and improving upon the…
This paper uses decision-theoretic principles to obtain new insights into the assessment and updating of probabilities. First, a new foundation of Bayesianism is given. It does not require infinite atomless uncertainties as did Savage s…
Preferences among acts are analyzed in the style of L. Savage, but as partially ordered. The rationality postulates considered are weaker than Savage's on three counts. The Sure Thing Principle is derived in this setting. The postulates are…
In this paper we extend Savage's theory of decision-making under uncertainty from a classical environment into a non-classical one. We formulate the corresponding axioms and provide representation theorems for qualitative measures and…
In two recent papers, I have proposed a description of decision analysis that differs from the Bayesian picture painted by Savage, Jeffrey and other classic authors. Response to this view has been either overly enthusiastic or unduly…
Einstein initially objected to the probabilistic aspect of quantum mechanics - the idea that God is playing at dice. Later he changed his ground, and focussed instead on the point that the Copenhagen Interpretation leads to what Einstein…
In the many-worlds interpretations (MWIs) of Everett and others, if I am the observer, there are several versions of me but no version is singled out as the one corresponding to my perceptions. However, it can be shown that the probability…
Although expected utility theory has proven a fruitful and elegant theory in the finite realm, attempts to generalize it to infinite values have resulted in many paradoxes. In this paper, we argue that the use of John Conway's surreal…
We analyze the objective meaning of probabilities in the context of the many-worlds interpretation of Everett. For this purpose we study in details the weak law of large numbers and the role of typicality and universally negligible…
I argue that Deutsch's model for the behavior of systems traveling around closed timelike curves (CTCs) relies implicitly on a substantive metaphysical assumption. Deutsch is employing a version of quantum theory with a significantly…
Preferences among acts are analyzed in the style of L. Savage, but as partially ordered. The rationality postulates considered are weaker than Savage's on three counts. The Sure Thing Principle is derived in this setting. The postulates are…
L.J. Savage once hoped to show that "the superficially incompatible systems of ideas associated on the one hand with [subjective Bayesianism] and on the other hand with [classical statistics]...lend each other mutual support and…
Zurek has derived the quantum probabilities for Schmidt basis states of bipartite quantum systems in pure joint states, from the assumption that they should be not be affected by one party's action if the action can be undone by the other…
One of the most complex systems is the human brain whose formalized functioning is characterized by decision theory. We present a "Quantum Decision Theory" of decision making, based on the mathematical theory of separable Hilbert spaces.…
The notion of objective probability or chance, as a physical trait of the world, has proved elusive; the identification of chances with actual frequencies does not succeed. An adequate theory of chance should explain not only the connection…