Why Quantum (Wave Probability) Models Are a Good Description of Many Non-Quantum Complex Systems, and How to Go Beyond Quantum Models

Authors

Miroslav Svitek, Czech Technical University in PragueFollow
Olga Kosheleva, The University of Texas at El PasoFollow
Vladik Kreinovich, The University of Texas at El PasoFollow
Thach N. Nguyen, Banking University of Ho Chi Minh CityFollow

Publication Date

5-2018

Comments

Technical Report: UTEP-CS-18-46

Svítek M., Kosheleva O., Kreinovich V., Nguyen T.N. (2019) Why Quantum (Wave Probability) Models Are a Good Description of Many Non-quantum Complex Systems, and How to Go Beyond Quantum Models. In: Kreinovich V., Thach N., Trung N., Van Thanh D. (eds) Beyond Traditional Probabilistic Methods in Economics. ECONVN 2019. Studies in Computational Intelligence, vol 809. Springer, Cham
https://doi.org/10.1007/978-3-030-04200-4_13

Abstract

In many practical situations, it turns out to be beneficial to use techniques from quantum physics in describing non-quantum complex systems. For example, quantum techniques have been very successful in econometrics and, more generally, in describing phenomena related to human decision making. In this paper, we provide a possible explanation for this empirical success. We also show how to modify quantum formulas to come up with an even more accurate descriptions of the corresponding phenomena.