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In this paper we discuss quantum-like decision-making experiments usingnegative probabilities. We do so by showing how the two-slit experiment, in thesimplified version of the Mach-Zehnder interferometer, can be described by thisformalism. We show that negative probabilities impose constraints to what typesof counter-factual reasoning we can make with respect to (quantum) internalrepresentations of the decision maker.

Negative probabilities and counter-factual reasoning in quantum cognition