%0 Journal Article
%T Quantum Model of Decision-Making in Economics
%A Bodo Herzog
%J Journal of Quantum Information Science
%P 1-5
%@ 2162-576X
%D 2015
%I Scientific Research Publishing
%R 10.4236/jqis.2015.51001
%X The paper
designs a quantum model of decision-making (QMDM) that utilizes neuroscientific
evidence. The new model provides both normative and positive implications to
economics. First, it enhances the study of decision-making which is an
extension of the expected utility theory (EUT) in mathematical economics.
Second, we demonstrate how the quantum model mitigates drawbacks of the
expected utility theory of today.
%K Quantum Theory in Economics
%K Decision-Making
%K Utility Maximization
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=54487