kaal:claim:4900878-006

Cognitive effects that look paradoxical under classical utility theory arise not from irrationality but from agents using a different, non Boolean logic that the quantum formalism can model.

The quantum approach suggests that these cognitive effects arise not because people are irrational, but because they are using a different kind of logic that can be modeled using the quantum formalism.

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 2.3 Comparison with Classical Economics, p. 12
https://ssrn.com/abstract=4900878 · source PDF

Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

• applies to decision anomalies documented by behavioral psychology

mechanismsupport: arguedeconomicsrisk-and-incentives

• restated_by kaal:claim:4900880-010 The cognitive effects that look paradoxical under classical logic do not show that people are irrational; they...

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