Related papers: Quantum Econophysics
All natural things process and transform information. They receive environmental information as input, and transform it into appropriate output responses. Much of science is dedicated to building models of such systems -- algorithmic…
Quantum theory provides an extremely accurate description of fundamental processes in physics. It thus seems likely that the theory is applicable beyond the, mostly microscopic, domain in which it has been tested experimentally. Here we…
The noncooperative Nash equilibrium solution of classical games corresponds to a rational expectations attitude on the part of the players. However, in many cases, games played by human players have outcomes very different from Nash…
We argue that traditional Western science cannot adequately describe sports and other types of human behavior. Then we make an argument why a complex adaptive systems approach has the potential to provide the foundation for such a theory.…
Although the suspicion that quantum mechanics is emergent has been lingering for a long time, only now we begin to understand how a bridge between classical and quantum mechanics might be squared with Bell's inequalities and other…
Quantum mechanics is a fundamentally probabilistic theory (at least so far as the empirical predictions are concerned). It follows that, if one wants to properly understand quantum mechanics, it is essential to clearly understand the…
Quantum game theory lays a foundation for understanding the interaction of people using quantum computers with conflicting interests. Recently Zhang proposed a simple yet rich model to study quantum strategic games, and addressed some…
The landscape of causal relations that can hold among a set of systems in quantum theory is richer than in classical physics. In particular, a pair of time-ordered systems can be related as cause and effect or as the effects of a common…
We consider game theory from the perspective of quantum algorithms. Strategies in classical game theory are either pure (deterministic) or mixed (probabilistic). We introduce these basic ideas in the context of a simple example, closely…
It is proposed to define "quantumness" of a system (micro or macroscopic, physical, biological, social, political) by starting with understanding that quantum mechanics is a statistical theory. It says us only about probability…
After some historical remarks concerning Schroedinger's discovery of wave mechanics, we present a unified formalism for the mathematical description of classical and quantum-mechanical systems, utilizing elements of the theory of operator…
Although classical mechanics and quantum mechanics are separate disciplines, we live in a world where Planck's constant \hbar>0, meaning that the classical and quantum world views must actually {\it coexist}. Traditionally, canonical…
Quantum mechanics for a four-state-system is derived from classical statistics. Entanglement, interference, the difference between identical fermions or bosons and the unitary time evolution find an interpretation within a classical…
Applications of quantum mechanics have led to many successful predictions and explanations of puzzling phenomena, and we now apply quantum mechanics to gain, process, and communicate information in novel ways. We can understand quantum…
Interpretation is not the only way to explain a theory's success, form and features, and nor is it the only way to solve problems we see with a theory. This can also be done by giving a reductive explanation of the theory, by reference to a…
In another paper with the same name\cite{frame}, we proposed a new representation of Game Theory, but most results are given by specific examples and argument. In this paper, we try to prove the conclusions as far as we can, including a…
We define generalized quantum games by introducing the coherent payoff operators and propose a simple scheme to illustrate it. The scheme is implemented with a single spin qubit system and two entangled qubit system. The Nash Equilibrium…
Since the beginning, quantum mechanics has raised major foundational and interpretative problems. Foundational research has been an important factor in the development of quantum cryptography, quantum information theory and, perhaps one…
We show that the main difference between classical and quantum systems can be understood in terms of information entropy. Classical systems can be considered the ones where the internal dynamics can be known with arbitrary precision while…
Quantum physics is a linear theory, so it is somewhat puzzling that it can underlie very complex systems such as digital computers and life. This paper investigates how this is possible. Physically, such complex systems are necessarily…