Related papers: Quantum decision making by social agents
Collective, especially group-based, managerial decision making is crucial in organizations. Using an evolutionary theoretic approach to collective decision making, agent-based simulations were conducted to investigate how human collective…
Prediction in quantum cosmology requires a specification of the universe's quantum dynamics and its quantum state. We expect only a few general features of the universe to be predicted with probabilities near unity conditioned on the…
Physics is based on probabilities as fundamental entities of a mathematical description. Expectation values of observables are computed according to the classical statistical rule. The overall probability distribution for one world covers…
The quest of this work is to present discussions of some fundamental questions of economics in the era of quantum technology, which require a treatment different from economics studied thus far in the literature. A study of quantum economic…
The theories of quantum mechanics and relativity dramatically altered our understanding of the universe ushering in the era of modern physics. Quantum theory deals with objects probabilistically at small scales, whereas relativity deals…
There exist several phenomena (systems) breaking the classical probability laws. Such systems are contextual dependent adaptive systems. In this paper, we present a new mathematical formula to compute the probability in those systems by…
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.…
We give a review of concepts related to connection of classical and quantum theories, from the phase space perspective. Quantum theory is described by non-commutative operators of coordinates and momenta, results in values having a certain…
Physicists use quantum models to describe the behavior of physical systems. Quantum models owe their success to their interpretability, to their relation to probabilistic models (quantization of classical models) and to their high…
In the present article we use the quantum formalism to describe the process of choice under rational ignorance. We consider as a basic task a question or an issue where the only answers are 0 and 1. We show that under rational ignorance the…
Functional theories of consciousness, based on emergence of conscious experiences from the execution of a particular function by an insentient brain, face the hard problem of consciousness of explaining why the insentient brain should…
On the surface, behavioural science and physics seem to be two disparate fields of research. However, a closer examination of problems solved by them reveals that they are uniquely related to one another. Exemplified by the theories of…
Quantum theory can be viewed as a generalization of classical probability theory, but the analogy as it has been developed so far is not complete. Whereas the manner in which inferences are made in classical probability theory is…
Quantum computing is a rapidly developing field in the second wave of quantum development, with the potential to revolutionize a wide range of industries and fields of study. As the capabilities of quantum computers continue to advance,…
Effects of quantum and classical correlations on game theory are studied to clarify the new aspects brought into game theory by the quantum mechanical toolbox. In this study, we compare quantum correlation represented by a maximally…
We review recent work that employs the framework of logical inference to establish a bridge between data gathered through experiments and their objective description in terms of human-made concepts. It is shown that logical inference…
We investigate the applicability of the formalism of quantum mechanics to everyday life. It seems to be directly relevant for situations in which the very act of coming to a conclusion or decision on one issue affects one's confidence about…
Interest in problems of statistical inference connected to measurements of quantum systems has recently increased substantially, in step with dramatic new developments in experimental techniques for studying small quantum systems.…
Traditional cognitive science rests on a foundation of classical logic and probability theory. This foundation has been seriously challenged by several findings in experimental psychology on human decision making. Meanwhile, the formalism…
Attention to the very physical aspects of information characterizes the current research in quantum computation, quantum cryptography and quantum communication. In most of the cases quantum description of the system provides advantages over…