Quantum Theory of Measurements as Quantum Decision Theory

Journal of Physics Conference Series, Vol. 594, p. 012048, 2015

9 Pages Posted: 31 Mar 2015

See all articles by Vyacheslav I. Yukalov

Vyacheslav I. Yukalov

Joint Institute for Nuclear Research; D-MTEC, ETH Zurich

Didier Sornette

Risks-X, Southern University of Science and Technology (SUSTech); Swiss Finance Institute; ETH Zürich - Department of Management, Technology, and Economics (D-MTEC); Tokyo Institute of Technology

Date Written: March 30, 2015

Abstract

Theory of quantum measurements is often classified as decision theory. An event in decision theory corresponds to the measurement of an observable. This analogy looks clear for operationally testable simple events. However, the situation is essentially more complicated in the case of composite events. The most difficult point is the relation between decisions under uncertainty and measurements under uncertainty. We suggest a unified language for describing the processes of quantum decision making and quantum measurements. The notion of quantum measurements under uncertainty is introduced. We show that the correct mathematical foundation for the theory of measurements under uncertainty, as well as for quantum decision theory dealing with uncertain events, requires the use of positive operator-valued measure that is a generalization of projection-valued measure. The latter is appropriate for operationally testable events, while the former is necessary for characterizing operationally uncertain events. In both decision making and quantum measurements, one has to distinguish composite non-entangled events from composite entangled events. Quantum probability can be essentially different from classical probability only for entangled events. The necessary condition for the appearance of an interference term in the quantum probability is the occurrence of entangled prospects and the existence of an entangled strategic state of a decision maker or of an entangled statistical state of a measuring device.

Suggested Citation

Yukalov, Vyacheslav I. and Sornette, Didier, Quantum Theory of Measurements as Quantum Decision Theory (March 30, 2015). Journal of Physics Conference Series, Vol. 594, p. 012048, 2015, Available at SSRN: https://ssrn.com/abstract=2587231

Vyacheslav I. Yukalov (Contact Author)

Joint Institute for Nuclear Research ( email )

Bogolubov Laboratory of Theoretical Physics
Dubna, 141980
Russia

D-MTEC, ETH Zurich ( email )

Zurich
Switzerland

Didier Sornette

Risks-X, Southern University of Science and Technology (SUSTech) ( email )

1088 Xueyuan Avenue
Shenzhen, Guangdong 518055
China

Swiss Finance Institute ( email )

c/o University of Geneva
40, Bd du Pont-d'Arve
CH-1211 Geneva 4
Switzerland

ETH Zürich - Department of Management, Technology, and Economics (D-MTEC) ( email )

Scheuchzerstrasse 7
Zurich, ZURICH CH-8092
Switzerland
41446328917 (Phone)
41446321914 (Fax)

HOME PAGE: http://www.er.ethz.ch/

Tokyo Institute of Technology ( email )

2-12-1 O-okayama, Meguro-ku
Tokyo 152-8550, 52-8552
Japan

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