73 citations · 184 across the 16 of their papers we have counts for
3 papers · 1 filter
A Quantum-like Approach to the Stock Market
Diederik Aerts, Bart D'Hooghe, Sandro Sozzo
Modern approaches to stock pricing in quantitative finance are typically founded on the 'Black-Scholes model' and the underlying 'random walk hypothesis'. Empirical data indicate t…
Quantum Axiomatics: Topological and Classical Properties of State Property Systems
Diederik Aerts, Bart D'Hooghe, Mark Sioen
The definition of 'classical state', and how it was used in earlier work to prove a decomposition theorem internally in the language of State Property Systems, presupposes as an ad…
A Quantum Cognition Analysis of the Ellsberg Paradox
Diederik Aerts, Bart D'Hooghe, Sandro Sozzo
The 'expected utility hypothesis' is one of the foundations of classical approaches to economics and decision theory and Savage's 'Sure-Thing Principle' is a fundamental element of…