JOURNAL ARTICLE
Quantum-like model on multiple lotteries selection.
Published In: International Journal of Quantum Information, 2025, v. 23, n. 2. P. 1 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: Feng, Changchun; Chen, Lin; Zhang, Junhuan; Wen, Jiaqi; Ji, Chenze 3 of 3
Abstract
This study proposes an agent-based quantum-like model to investigate the individual selection among three or more lotteries while incorporating the decision-making risk and uncertainty. We extend the classical expected utility functions with quantum probabilities and construct the compound belief state to compare one specific lottery belief state against others. The involved decision-making process is represented formally by the comparison operator, which can be decomposed into a few subprocesses. We give an example of individual lottery selection from three lotteries to illustrate the model. Finally, we propose ways to select from more than three lotteries. [ABSTRACT FROM AUTHOR]
Additional Information
- Source:International Journal of Quantum Information. 2025/03, Vol. 23, Issue 2, p1
- Document Type:Article
- Subject Area:Sports and Leisure
- Publication Date:2025
- ISSN:0219-7499
- DOI:10.1142/S0219749924500497
- Accession Number:184452738
- Copyright Statement:Copyright of International Journal of Quantum Information is the property of World Scientific Publishing Company and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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