CORDIS Project
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This project explores the principles of belief updating in human decision-making, challenging traditional models with insights from quantum probability theory. It aims to develop a comprehensive framework for understanding how beliefs change as new evidence is presented.
This proposal concerns the formal and descriptive foundations of belief updating (BU) in human decision making.
What are the principles that guide change in beliefs, as evidence accumulates?
The dominant approach in decision making has been classical, Bayesian probability theory (CPT).
Yet persistent discrepancies between CPT prescription and human behaviour challenge this dominance.
Are there analogous findings in BU?
If yes, if CPT cannot provide a satisfactory account of BU, what is a suitab…
CITY UNIVERSITY OF LONDON
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