Quantum Methods In Social Science: A First Course

Emmanuel Haven, Andrei Khrennikov, Terry Robinson

ISBN 10: 1786342774 / ISBN 13: 9781786342775

Published by World Scientific Europe Ltd, GB, 2017

About this Item

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.

Seller Inventory # LU-9781786342775

Bibliographic Details

• Title: Quantum Methods In Social Science: A First Course
• Publisher: World Scientific Europe Ltd, GB
• Publication Date: 2017
• Language: English
• ISBN 10: 1786342774
• ISBN 13: 9781786342775
• Binding: Paperback
• Condition: New

About this title

Synopsis

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.