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We investigate how the choice of decision makers can be varied under the presence of risk and uncertainty. Our analysis is based on the approach we have previously applied to individual decision makers, which we now generalize to the case…

Physics and Society · Physics 2014-09-03 V. I. Yukalov , D. Sornette

Recent development in quantum computation and quantum information theory allows to extend the scope of game theory for the quantum world. The authors have recently proposed a quantum description of financial market in terms of quantum game…

Quantum Physics · Physics 2007-05-23 Edward W. Piotrowski , Jan Sladkowski

In this paper we attempt to analyze the concept of quantum probability within quantum computation and quantum computational logic. While the subjectivist interpretation of quantum probability explains it as a reliable predictive tool for an…

Quantum Physics · Physics 2019-03-12 Christian de Ronde , Hector Freytes , Giuseppe Sergioli

We give a mathematical definition for the notion of inconclusive quantum measurements. In physics, such measurements occur at intermediate stages of a complex measurement procedure, with the final measurement result being operationally…

Quantum Physics · Physics 2016-04-19 V. I. Yukalov , D. Sornette

Both statistics and quantum theory deal with prediction using probability. We will show that there can be established a connection between these two areas. This will at the same time suggest a new, less formalistic way of looking upon basic…

Quantum Physics · Physics 2012-07-10 Inge S. Helland

Quantum uncertainty is a well-known property of quantum mechanics that states the impossibility of predicting measurement outcomes of multiple incompatible observables simultaneously. In contrast, the uncertainty in the classical domain…

We introduce and analyze a quantum analogue of the Law of Excluded Gambling Strategies of Classical Decision Theory by the definition of different kind of quantum casinos. The necessity of keeping into account entaglement (by the way we…

Quantum Physics · Physics 2007-05-23 Gavriel Segre

A quantum game can be viewed as a state preparation in which the final output state results from the competing preferences of the players over the set of possible output states that can be produced. It is therefore possible to view state…

Quantum Physics · Physics 2020-03-13 Simon J. D. Phoenix , Faisal Shah Khan

The influence of additional information on the decision making of agents, who are interacting members of a society, is analyzed within the mathematical framework based on the use of quantum probabilities. The introduction of social…

Physics and Society · Physics 2015-10-12 V. I. Yukalov , D. Sornette

We give a concise and self-contained introduction to the theory of Quantum Games by reviewing the seminal works of Meyer, Eisert-Wilkens-Lewenstein, Marinatto-Weber and Landsburg, which initiated the study of this field. By generalizing…

Quantum Physics · Physics 2023-05-02 Sowmitra Das

Game theory is a well established branch of mathematics whose formalism has a vast range of applications from the social sciences, biology, to economics. Motivated by quantum information science, there has been a leap in the formulation of…

"Ever since the advent of modern quantum mechanics in the late 1920's, the idea has been prevalent that the classical laws of probability cease, in some sense, to be valid in the new theory. [...] The primary object of this presentation is…

Quantum Physics · Physics 2018-03-08 PierGianLuca Porta Mana

We suggest a model of a multi-agent society of decision makers taking decisions being based on two criteria, one is the utility of the prospects and the other is the attractiveness of the considered prospects. The model is the…

Physics and Society · Physics 2018-01-17 V. I. Yukalov , E. P. Yukalova , D. Sornette

The conventional postulate for the probabilistic interpretation of quantum mechanics is asymmetric in preparation and measurement, making retrodiction reliant on inference by use of Bayes' theorem. Here, a more fundamental symmetric…

Quantum Physics · Physics 2009-11-07 David T. Pegg , Stephen M. Barnett , John Jeffers

Quantum guessing games offer a structured approach to analyzing quantum information processing, where information is encoded in quantum states and extracted through measurement. An additional aspect of this framework is the influence of…

Quantum Physics · Physics 2026-03-11 Teiko Heinosaari , Hanwool Lee

We propose an alternative and unifying framework for decision-making that, by using quantum mechanics, provides more generalised cognitive and decision models with the ability to represent more information than classical models. This…

Artificial Intelligence · Computer Science 2020-11-10 Catarina Moreira , Lauren Fell , Shahram Dehdashti , Peter Bruza , Andreas Wichert

Quantum games, like quantum algorithms, exploit quantum entanglement to establish strong correlations between strategic player actions. This paper introduces quantum game-theoretic models applied to trading and demonstrates their…

Quantum Physics · Physics 2025-04-21 Faisal Shah Khan , Norbert M. Linke , Anton Trong Than , Dror Baron

Game theory is the mathematical framework for analyzing strategic interactions in conflict and competition situations. In recent years quantum game theory has earned the attention of physicists, and has emerged as a branch of quantum…

Quantum Physics · Physics 2015-05-30 Puya Sharif , Hoshang Heydari

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

A game-theoretic setting provides a mathematical basis for analysis of strategic interaction among competing agents and provides insights into both classical and quantum decision theory and questions of strategic choice. An outstanding…

Quantum Physics · Physics 2018-07-24 Azhar Iqbal , James M. Chappell , Derek Abbott