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Expected utility theory (EUT) is widely used in economic theory. However, its subjective probability formulation, first elaborated by Savage, is linked to Ellsberg-like paradoxes and ambiguity aversion. This has led various scholars to work…

Economics · Quantitative Finance 2019-02-12 Diederik Aerts , Emmanuel Haven , Sandro Sozzo

Quantum machine learning explores the interplay between machine learning and quantum physics, which may lead to unprecedented perspectives for both fields. In fact, recent works have shown strong evidences that quantum computers could…

Quantum Physics · Physics 2021-11-08 Weiyuan Gong , Dong-Ling Deng

Quantum pre- and post-selection (PPS) paradoxes occur when counterfactual inferences are made about different measurements that might have been performed, between two measurements that are actually performed. The 3 box paradox is the…

Quantum Physics · Physics 2017-03-30 O. J. E. Maroney

Quantum computers use the quantum interference of different computational paths to enhance correct outcomes and suppress erroneous outcomes of computations. In effect, they follow the same logical paradigm as (multi-particle)…

Quantum Physics · Physics 2007-05-23 R. Cleve , A. Ekert , L. Henderson , C. Macchiavello , M. Mosca

It is standard practice in online retail to run pricing experiments by randomizing at the article-level, i.e. by changing prices of different products to identify treatment effects. Due to customers' cross-price substitution behavior, such…

Applications · Statistics 2024-02-23 Lars Roemheld , Justin Rao

Developing a quantum analog of the modern classical theory of causation, as formulated by Pearl and others using directed acyclic graphs, requires a theory of random or stochastic time development at the microscopic level, where the…

Quantum Physics · Physics 2024-12-10 Robert B. Griffiths

Statistics is sometimes described as the science of reasoning under uncertainty. Statistical models provide one view of this uncertainty, but what is frequently neglected is the 'invisible' portion of uncertainty: that assumed not to exist…

Methodology · Statistics 2026-03-18 Oliver L. Pescott , Robin J. Boyd , Gary D. Powney , Gavin B. Stewart

A new interpretation of quantum mechanics, similar to the Copenhagen interpretation, is developed from time-symmetry arguments and commonly held principles concerning time and causality. These principles, which are grounded in ideas outside…

Quantum Physics · Physics 2007-05-23 William R. Wharton

The well-known Simpson's Paradox, or Yule-Simpson Effect, in statistics is often illustrated by the following thought experiment: A drug may be found in a trial to increase the survival rate for both men and women, but decrease the rate for…

Quantum Physics · Physics 2012-03-14 Yaoyun Shi

Hidden-variable models aim to reproduce the results of quantum theory and to satisfy our classical intuition. Their refutation is usually based on deriving predictions that are different from those of quantum mechanics. Here instead we…

Quantum Physics · Physics 2015-03-05 Radu Ionicioiu , Robert B. Mann , Daniel R. Terno

In this paper we discuss quantum-like decision-making experiments using negative probabilities. We do so by showing how the two-slit experiment, in the simplified version of the Mach-Zehnder interferometer, can be described by this…

Data Analysis, Statistics and Probability · Physics 2015-06-19 J. Acacio de Barros , Gary Oas

A data science task can be deemed as making sense of the data or testing a hypothesis about it. The conclusions inferred from data can greatly guide us to make informative decisions. Big data has enabled us to carry out countless prediction…

Machine Learning · Computer Science 2022-01-12 Wenhao Zhang , Ramin Ramezani , Arash Naeim

Decisions are often based on imprecise, uncertain or vague information. Likewise, the consequences of an action are often equally unpredictable, thus putting the decision maker into a twofold jeopardy. Assuming that the effects of an action…

General Economics · Economics 2022-05-03 Stefan Rass , Sandra König , Stefan Schauer

Causal influence measures for machine learnt classifiers shed light on the reasons behind classification, and aid in identifying influential input features and revealing their biases. However, such analyses involve evaluating the classifier…

Machine Learning · Computer Science 2018-04-10 Shayak Sen , Piotr Mardziel , Anupam Datta , Matthew Fredrikson

The evolution of the human mind through natural selection mandates that our conscious experiences are causally potent in order to leave a tangible impact upon the surrounding physical world. Any attempt to construct a functional theory of…

Neurons and Cognition · Quantitative Biology 2024-05-10 Danko D. Georgiev

Construal of observable facts or events, that is, the manner in which we understand reality, is based not only on mathematical formulas of a theory suggested as a reasonable explanation for physical phenomena (like general relativity or…

Quantum Physics · Physics 2021-07-19 Arkady Bolotin

Contextual predictability shapes how we choose and encode words in production. The effects of a word's predictability given preceding or past context are generally well-understood in both production and comprehension, but studies of…

Computation and Language · Computer Science 2026-04-24 Shiva Upadhye , Richard Futrell

Optimizing recommender systems based on user interaction data is mainly seen as a problem of dealing with selection bias, where most existing work assumes that interactions from different users are independent. However, it has been shown…

Information Retrieval · Computer Science 2022-07-04 Norman Knyazev , Harrie Oosterhuis

In many fields$\unicode{x2013}$including genomics, epidemiology, natural language processing, social and behavioral sciences, and economics$\unicode{x2013}$it is increasingly important to address causal questions in the context of factor…

Methodology · Statistics 2025-06-30 Jenna M. Landy , Dafne Zorzetto , Roberta De Vito , Giovanni Parmigiani

Automated decision support systems that are able to infer second opinions from experts can potentially facilitate a more efficient allocation of resources; they can help decide when and from whom to seek a second opinion. In this paper, we…

Machine Learning · Computer Science 2022-07-01 Nina L. Corvelo Benz , Manuel Gomez Rodriguez