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In this letter, we point to three widely accepted challenges that the quantum theory, quantum information, and quantum foundations communities are currently facing: indeterminism, the semantics of conditional probabilities, and the spooky…

Quantum Physics · Physics 2021-09-07 Ghislain Fourny

The review presents the basics of quantum decision theory, with the emphasis on temporary processes in decision making. The aim is to explain the principal points of the theory. The difference of an operationally testable rational choice…

Artificial Intelligence · Computer Science 2020-07-15 V. I. Yukalov

Intertemporal decision making involves choices among options whose effects occur at different moments. These choices are influenced not only by the effect of rewards value perception at different moments, but also by the time perception…

General Finance · Quantitative Finance 2011-05-19 Natalia Destefano , Alexandre Souto Martinez

The problem of the determinism of Quantum Mechanics has been a main one during the 20th century. At the same time, in the context of Logic and Set Theory, the importance of ancient paradoxes as well as the appearance of many new ones, has…

General Physics · Physics 2015-06-04 Iegor Reznikoff

One of the most complex systems is the human brain whose formalized functioning is characterized by decision theory. We present a "Quantum Decision Theory" of decision making, based on the mathematical theory of separable Hilbert spaces.…

Artificial Intelligence · Computer Science 2010-10-29 V. I. Yukalov , D. Sornette

In this paper, we introduce a new model of selection behavior under risk that describes an essential cognitive process for comparing values of objects and making a selection decision. This model is constructed by the quantum-like approach…

Economics · Quantitative Finance 2018-07-18 Masanari Asano , Irina Basieva , Andrei Khrennikov , Masanori Ohya , Yoshiharu Tanaka

It is often stated that quantum mechanics only makes statistical predictions and that a quantum state is described by the various probability distributions associated with it. Can we describe a quantum state completely in terms of…

Quantum Physics · Physics 2007-05-23 E. C. G. Sudarshan

The uncertainty principle limits quantum states such that when one observable takes predictable values there must be some other mutually unbiased observables which take uniformly random values. We show that this restrictive condition plays…

Quantum Physics · Physics 2014-08-12 Oscar C. O. Dahlsten , Andrew J. P. Garner , Vlatko Vedral

Quantum Decision Theory, advanced earlier by the authors, and illustrated for lotteries with gains, is generalized to the games containing lotteries with gains as well as losses. The mathematical structure of the approach is based on the…

Physics and Society · Physics 2018-02-20 V. I. Yukalov , D. Sornette

Present quantum theory, which is statistical in nature, does not predict joint probability distribution of position and momentum because they are noncommuting. We propose a deterministic quantum theory which predicts a joint probability…

High Energy Physics - Theory · Physics 2008-02-03 S. M. Roy , Virendra Singh

The classical and quantum evolution of a generic probability distribution is analyzed. To that end, a formalism based on the decomposition of the distribution in terms of its statistical moments is used, which makes explicit the differences…

Quantum Physics · Physics 2014-11-04 David Brizuela

We present the first calibration of quantum decision theory (QDT) to a dataset of binary risky choice. We quantitatively account for the fraction of choice reversals between two repetitions of the experiment, using a probabilistic choice…

Artificial Intelligence · Computer Science 2023-03-06 T. Kovalenko , S. Vincent , V. I. Yukalov , D. Sornette

We present the mathematical model of decision making (DM) of agents acting in a complex and uncertain environment (combining huge variety of economical, financial, behavioral, and geo-political factors). To describe interaction of agents…

Mathematical Physics · Physics 2017-10-25 F. Bagarello , A. Khrennikov , E. Haven

We demonstrate that behavioral probabilities of human decision makers share many common features with quantum probabilities. This does not imply that humans are some quantum objects, but just shows that the mathematics of quantum theory is…

Neurons and Cognition · Quantitative Biology 2017-04-05 V. I. Yukalov , D. Sornette

We present a new experiment demonstrating destructive interference in customers' estimates of conditional probabilities of product failure. We take the perspective of a manufacturer of consumer products, and consider two situations of cause…

Artificial Intelligence · Computer Science 2022-06-01 Irina Basieva , Vijitashwa Pandey , Polina Khrennikova

An extended analysis is given of the program, originally suggested by Deutsch, of solving the probability problem in the Everett interpretation by means of decision theory. Deutsch's own proof is discussed, and alternatives are presented…

Quantum Physics · Physics 2007-05-23 David Wallace

Quantum cognition in decision-making is a recent and rapidely growing field. In this paper we develop an expected utility theory in a context of non-classical (quantum) uncertainty. We replace the classical state space with a Hilbert space…

Physics and Society · Physics 2017-08-29 Vladimir V. Danilov , Ariane Lambert-Mogiliansky , Vassily Vergopoulos

This article deals with the problem of the uncertainty in rule-based systems (RBS), but from the perspective of quantum computing (QC). In this work we first remember the characteristics of Quantum Rule-Based Systems (QRBS), a concept…

Artificial Intelligence · Computer Science 2021-01-14 Vicente Moret-Bonillo , Isaac Fernández-Varela , Diego Alvarez-Estevez

The sure thing principle and the law of total probability are basic laws in classic probability theory. A disjunction fallacy leads to the violation of these two classical probability laws. In this paper, a new quantum dynamic belief…

Artificial Intelligence · Computer Science 2017-03-08 Zichang He , Wen Jiang

Quantum uncertainty is the cornerstone of quantum mechanics which underlies many counterintuitive nonclassical phenomena. Recent studies remarkably showed that it also fundamentally limits nonclassical correlation, and crucially, a…

Quantum Physics · Physics 2020-05-15 Agung Budiyono