Publication Date



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


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.