There are at least two general theories for building probabilisticâ€“dynamical systems: one isMarkov theory and another is quantum theory. These twomathematical frameworks share many fundamental ideas,â€¦ (More)

We investigate the effect of corruption on competition in procurement. Our assumption is that the bureaucrat (i.e., the agent that administers the market), if corrupt, may provide an opportunity forâ€¦ (More)

Individual choices often depend on the order in which the decisions are made. In this paper, we expose a general theory of measurable systems (an example of which is an individualâ€™s preferences)â€¦ (More)

The Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In a dynamicâ€¦ (More)

This paper investigates the effect of corruption on competition in government procurement auctions. Our assumption is that the bureaucrat (i.e. the agent that administers the market), if corrupt, mayâ€¦ (More)

In this paper Savageâ€™s theory of decision-making under uncertainty is extended from a classical environment into a non-classical one. The Boolean lattice of events is replaced by an arbitraryâ€¦ (More)

In this paper we extend Savageâ€™s theory of decision-making under uncertainty from a classical environment into a non-classical one. We formulate the corresponding axioms and provide representationâ€¦ (More)

In this paper, we test the type indeterminacy hypothesis by analyzing an experiment that examines the stability of preferences in a Prisoner Dilemma with respect to decisions made in a context thatâ€¦ (More)

The paper explores a game-theoretic model of petty corruption involving a sequence of entrepreneurs and a track of bureaucrats. Each entrepreneurâ€™s project is approved if and only if it is cleared byâ€¦ (More)

The Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In this paperâ€¦ (More)