QuLBIT: Quantum-Like Bayesian Inference Technologies for Cognition and Decision

This paper provides the foundations of a unified cognitive decision-making framework (QulBIT) which is derived from quantum theory. The main advantage of this framework is that it can cater for paradoxical and irrational human decision making. Although quantum approaches for cognition have demonstrated advantages over classical probabilistic approaches and bounded rationality models, they still lack explanatory power. To address this, we introduce a novel explanatory analysis of the decision-maker's belief space. This is achieved by exploiting quantum interference effects as a way of both quantifying and explaining the decision-maker's uncertainty. We detail the main modules of the unified framework, the explanatory analysis method, and illustrate their application in situations violating the Sure Thing Principle

Unifying Decision-Making: a Review on Evolutionary Theories on Rationality and Cognitive Biases

In this paper, we make a review on the concepts of rationality across several different fields, namely in economics, psychology and evolutionary biology and behavioural ecology. We review how processes like natural selection can help us understand the evolution of cognition and how cognitive biases might be a consequence of this natural selection. In the end we argue that humans are not irrational, but rather rationally bounded and we complement the discussion on how quantum cognitive models can contribute for the modelling and prediction of human paradoxical decisions

Collective Decision Making as the Actualization of Decision Potential

This paper presents some characteristics and dilemmas of collective decision making. Collective decision making could be presented as the process of successive crystallization of dominant alternatives under the influence of different decision contexts from primary given decision potentials. This process is presented as the many-phased process of the acting of contextually dependent "energizing factors" of the collective decision making on the "attractiveness matrix" of outcomes of collective decisions. The attractiveness matrix determines the attractiveness for each alternative of decision, and the most attractive alternative in the given situation presents the rational decision in the given situation. In the final phase of decision making holds a context which gets a simplified attractiveness matrix. It corresponds to the common decision for one of the alternatives.collective decision making, rationality, decision potential, joint outcomes, energizing