Emmanuel Haven - Böcker

Written by world experts in the foundations of quantum mechanics and its applications to social science, this book shows how elementary quantum mechanical principles can be applied to decision-making paradoxes in psychology and used in modelling information in finance and economics. The book starts with a thorough overview of some of the salient differences between classical, statistical and quantum mechanics. It presents arguments on why quantum mechanics can be applied outside of physics and defines quantum social science. The issue of the existence of quantum probabilistic effects in psychology, economics and finance is addressed and basic questions and answers are provided. Aimed at researchers in economics and psychology, as well as physics, basic mathematical preliminaries and elementary concepts from quantum mechanics are defined in a self-contained way.

This concise and self-contained book opens completely novel areas of research by directly implementing concepts from quantum physics into areas of social science. It constructs compelling arguments originating from fundamental concepts in physics and the philosophy of science, including key developments in economics and finance, then surveys the important work which has been performed to date through applying the formalism of quantum mechanics to decision making and finance. The book is accessible to graduate students and researchers in social science and physics, as well as avid interdisciplinary readers. This title is part of the Flip it Open Programme and may also be available Open Access. Check our website Cambridge Core for details.

It is not intuitive to accept that there exists a link between quantum physical systems and cognitive systems. Finally, a question is posed: whether there is a necessary role for quantum mathematical models to go beyond physics. This book will bring the latest and most cutting edge research on quantum theory to social science disciplines.

The 2008 financial crisis was a watershed moment which clearly influenced the public's perception of the role of 'finance' in society. This is the first comprehensive handbook to look at financial modelling post crisis from the legal/historical; empirical modelling; stochastic; and non-stochastic modelling perspectives.

Shown here is how basic concepts of physics can be used to improve models in finance, economics, psychology and biology. Readers are introduced to how physical theory can inform non-physical phenomena in the social sciences, thereby improving decision making and modeling capabilities in research-based and professional settings.Consisting of three parts, the first part deals with the application of quantum operator methods to financial transactions and population dynamics. Part two develops physical concepts, working from classical Lagrangian and Hamiltonian mechanics and leading to an introduction of quantum information and its application to decision making. The final part treats classical and quantum probability theory in some detail and deals, at a more advanced level, with the impact of quantum probabilities on common knowledge and common beliefs between agents in systems.Quantum Methods in Social Science is a high level textbook for advanced undergraduate or graduate students of economics, finance and business, while also being of interest to those with a background in physics.

Shown here is how basic concepts of physics can be used to improve models in finance, economics, psychology and biology. Readers are introduced to how physical theory can inform non-physical phenomena in the social sciences, thereby improving decision making and modeling capabilities in research-based and professional settings.Consisting of three parts, the first part deals with the application of quantum operator methods to financial transactions and population dynamics. Part two develops physical concepts, working from classical Lagrangian and Hamiltonian mechanics and leading to an introduction of quantum information and its application to decision making. The final part treats classical and quantum probability theory in some detail and deals, at a more advanced level, with the impact of quantum probabilities on common knowledge and common beliefs between agents in systems.Quantum Methods in Social Science is a high level textbook for advanced undergraduate or graduate students of economics, finance and business, while also being of interest to those with a background in physics.

Over the last ten years, elements of the formalism of quantum mechanics have been successfully applied beyond physics in areas such as psychology (especially cognition), economics and finance (especially in the formalization of so-called ‘decision making’), political science, and molecular biology. An important stream of work along these lines, commonly under the heading of quantum-like modeling, has been published in well regarded scientific journals, and major publishers have devoted entire books to the topic. This Festschrift honors a key figure in this field of research: Andrei Khrennikov, who made momentous contributions to it and to quantum foundations themselves. While honoring these contributions, and in order to do so, this Festschrift orients its reader toward the future rather than focusing on the past: it addresses future challenges and establishes the way forward in both domains, quantum-like modeling and quantum foundations. A while ago, in response to the developments of using the quantum formalism outside of quantum mechanics, the eminent quantum physicist Anton Zeilinger said, ‘Why should it be precisely the quantum mechanics formalism? Maybe its generalization would be more adequate…’ This volume responds to this statement by both showing the reasons for the continuing importance of quantum formalism and yet also considering pathways to such generalizations. Khrennikov’s work has been indispensable in establishing the great promise of quantum and quantum-like thinking in shaping the future of scientific research across the disciplines.

A while ago, in response to the developments of using the quantum formalism outside of quantum mechanics, the eminent quantum physicist Anton Zeilinger said, ‘Why should it be precisely the quantum mechanics formalism?

This book is an outcome of the interdisciplinary conference held at OP Jindal Global University (Quantum Decision-making and Complexity modeling, and their possible applications in social sciences- economics, finance and public policy).

This book is an outcome of the interdisciplinary conference held at OP Jindal Global University (Quantum Decision-making and Complexity modeling, and their possible applications in social sciences- economics, finance and public policy).

This book constitutes the refereed proceedings of the 7th International Conference on Quantum Interaction, QI 2013, held in Leicester, UK, in July 2013. The 31 papers presented in this book were carefully selected from numerous submissions. The papers cover various topics on quantum interaction and revolve around four themes: information processing/retrieval/semantic representation and logic; cognition and decision making; finance/economics and social structures and biological systems.

This unique proceedings volume offers one of the very first truly interdisciplinary conferences ever organized. More than 15 papers in this volume are written by some of the most acclaimed researchers in their field. Contributions range over a very wide spectrum of disciplines: biology; computer science; economics; education; health sciences; operations research; philosophy; physics; psychology; mathematics; music and sociology.