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Ciclo Seminarios Instituto Sistemas Complejos de Ingeniería (ISCI)

13:30 horas, Sala Consejo, Beauchef Poniente, 4to piso (Beauchef 851, Santiago)

Invitado: Stephane Hess, Professor of Choice Modelling Institute for Transport Studies, Director of the Choice Modelling Centre, University of Leeds

Título de la conferencia: “On the development of choice models based on quantum theory”

Abstract
There has been an increasing effort to increase the behavioural realism of the mathematical models of choice, resulting in efforts to move away from random utility maximisation (RUM) models. Many of the alternative structures tested thus far, such as random regret minimisation (RRM), however only represent modest departures from RUM, and differences in results have consequently been small. In this paper, we address this research gap by investigating the applicability of models based on quantum theory, leading to structures that are radically different from the state-of-the-art choice modelling techniques. These models emphasise the importance of contextual effects, state dependence and the impact of choice or question order. As a result, quantum probability models have had some success in better explaining several phenomena in cognitive psychology. This presentation looks at how to best operationalise quantum probability into a choice model, and presents a number of different applications.

Consultas a seminarios@isci.cl

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Organiza: Instituto Sistemas Complejos de Ingeniería (ISCI)