Quantum Decision Theory And Complexity Modelling In Economics And Public Policy

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Quantum Decision Theory and Complexity Modelling in Economics and Public Policy

Anirban Chakraborti,Emmanuel Haven,Sudip Patra,Naresh Singh
Quantum Decision Theory and Complexity Modelling in Economics and Public Policy Book PDF

Author : Anirban Chakraborti,Emmanuel Haven,Sudip Patra,Naresh Singh
Publisher : Springer Nature
Page : 251 pages
File Size : 41,5 Mb
Release : 2023-10-23
Category : Business & Economics
ISBN : 9783031388330

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Quantum Decision Theory and Complexity Modelling in Economics and Public Policy by Anirban Chakraborti,Emmanuel Haven,Sudip Patra,Naresh Singh Pdf

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). The volume builds upon the emerging fields of Econophysics, Complexity theory and Quantum like modelling in cognition and social sciences, and their plausible applications in economics and public policy. There can be deep linkages between the micro, meso and macro scales at which these paradigms operate. In this data-driven age, greater amounts of information, along with the facility to harvest, sort and process said information, have permitted an expansion of the capability to study a society’s various factors to a degree of detail and inclusiveness that has never before been available to researchers. As a result, an increasing number of throughlines is being discovered, revealing heretofore unknown connections between various disciplines and enhancing the study of such societal tropes as finance, language, shared behavior, and many others. As the reader will see, with clearer understanding of the interconnectedness of society’s assorted parts comes a clearer understanding of the society as a whole. We have received critical thoughts from noted experts in social and natural sciences to explore possible interconnections. The editors of this book earnestly hope that the critical reviews presented in this volume will stimulate further scholarly interest, but also interest among policy practitioners for the purpose of exploring possibilities for creating a new paradigm for comprehending pressing issues of deep uncertainty and emergence in social dynamics.

Quantum International Relations

James Der Derian,Alexander Wendt
Quantum International Relations Book PDF

Author : James Der Derian,Alexander Wendt
Publisher : Oxford University Press
Page : 417 pages
File Size : 43,5 Mb
Release : 2022-05-03
Category : Political Science
ISBN : 9780197568200

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Quantum International Relations by James Der Derian,Alexander Wendt Pdf

The contributors to this volume are motivated by a common apprehension and a common hope. The apprehension was first voiced by Einstein, who lamented the inability of humanity, at the individual and social level, to keep up with the increased speed of technological change brought about by the quantum revolution. As quantum science and technology fast forward into the 21st century, the social sciences remain stuck in classical, 19th century ways of thinking. Can such a mechanistic model of the mind and society possibly help us manage the fully realized technological potential of the quantum? That's where the hope appears: that perhaps quantum is not just a physical science, but a human science too. In Quantum International Relations, James Der Derian and Alexander Wendt gather rising scholars and leading experts to make the case for quantum approaches to world politics. As a fundamental theory of reality and enabler of new technologies, quantum now touches everything, with the potential to revolutionize how we conduct diplomacy, wage war, and make wealth. Contributors present the core principles of quantum mechanics--entanglement, uncertainty, superposition, and the wave function--as significant catalysts and superior heuristics for an accelerating quantum future. Facing a reality which no longer corresponds to an outdated Newtonian worldview of states as billiard balls, individuals as rational actors or power as objective interest, Der Derian and Wendt issue an urgent call for a new human science of quantum International Relations. At the centenary of the first quantum thought experiment in the 1920s, this book offers a diversity of explorations, speculations and approaches for understanding geopolitics in the 21st century.

Computational Intelligence Aided Systems for Healthcare Domain

Akshansh Gupta,Hanuman Verma,Mukesh Prasad,Jyoti Singh Kirar,CT Lin
Computational Intelligence Aided Systems for Healthcare Domain Book PDF

Author : Akshansh Gupta,Hanuman Verma,Mukesh Prasad,Jyoti Singh Kirar,CT Lin
Publisher : CRC Press
Page : 392 pages
File Size : 55,6 Mb
Release : 2023-06-14
Category : Computers
ISBN : 9781000884401

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Computational Intelligence Aided Systems for Healthcare Domain by Akshansh Gupta,Hanuman Verma,Mukesh Prasad,Jyoti Singh Kirar,CT Lin Pdf

This book covers recent advances in artificial intelligence, smart computing, and their applications in augmenting medical and health care systems. It will serve as an ideal reference text for graduate students and academic researchers in diverse engineering fields including electrical, electronics and communication, computer, and biomedical. This book: Presents architecture, characteristics, and applications of artificial intelligence and smart computing in health care systems Highlights privacy issues faced in health care and health informatics using artificial intelligence and smart computing technologies Discusses nature-inspired computing algorithms for the brain-computer interface Covers graph neural network application in the medical domain Provides insights into the state-of-the-art artificial intelligence and smart computing enabling and emerging technologies This book discusses recent advances and applications of artificial intelligence and smart technologies in the field of healthcare. It highlights privacy issues faced in health care and health informatics using artificial intelligence and smart computing technologies. It covers nature-inspired computing algorithms such as genetic algorithms, particle swarm optimization algorithms, and common scrambling algorithms to study brain-computer interfaces. It will serve as an ideal reference text for graduate students and academic researchers in the fields of electrical engineering, electronics and communication engineering, computer engineering, and biomedical engineering.

Decision Theory and Choices: a Complexity Approach

Marisa Faggini,Concetto Paolo Vinci
Decision Theory and Choices a Complexity Approach Book PDF

Author : Marisa Faggini,Concetto Paolo Vinci
Publisher : Unknown
Page : 128 pages
File Size : 42,5 Mb
Release : 2010
Category : Electronic
ISBN : 8847017793

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Decision Theory and Choices: a Complexity Approach by Marisa Faggini,Concetto Paolo Vinci Pdf

In economics agents are assumed to choose on the basis of rational calculations aimed at the maximization of their pleasure or profit. Formally, agents are said to manifest transitive and consistent preferences in attempting to maximize their utility in the presence of several constraints. They operate according to the choice imperative: given a set of alternatives, choose the best. This imperative works well in a static and simplistic framework, but it may fail or vary when 'the best' is changing continuously. This approach has been questioned by a descriptive approach that springing from the complexity theory tries to give a scientific basis to the way in which individuals really choose, showing that those models of human nature is routinely falsified by experiments since people are neither selfish nor rational. Thus inductive rules of thumb are usually implemented in order to make decisions in the presence of incomplete and heterogeneous information sets; errors and biases are the natural counterpart of learning and adapting processes. The papers collected in this volume show that economic agents, individual or aggregate, do not conform to standard economic models, highlighting how a different framework - complexity theory - could help to explain and understand the choice and decision process of economic agent.

Quantum Governance

Fadi Farra,Christopher Pissarides
Quantum Governance Book PDF

Author : Fadi Farra,Christopher Pissarides
Publisher : Emerald Group Publishing
Page : 231 pages
File Size : 54,6 Mb
Release : 2023-09-15
Category : Political Science
ISBN : 9781837537808

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Quantum Governance by Fadi Farra,Christopher Pissarides Pdf

Old systems of governance are struggling to cope with the pressures placed on them by the accelerating development of modern society. There is a desperate need for change. Quantum Governance offers a new way of thinking about policy implementation and has profound ramifications for policymakers.

Complex Decision Making

Hassan Qudrat-Ullah,J. Michael Spector,Paal Davidsen
Complex Decision Making Book PDF

Author : Hassan Qudrat-Ullah,J. Michael Spector,Paal Davidsen
Publisher : Springer
Page : 337 pages
File Size : 46,6 Mb
Release : 2007-09-22
Category : Business & Economics
ISBN : 9783540736653

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Complex Decision Making by Hassan Qudrat-Ullah,J. Michael Spector,Paal Davidsen Pdf

Today's ever more complex world creates challenges for decision makers. This volume reviews the principles underlying complex decision making, the handling of uncertainties in dynamic environments, and the various modeling approaches. Beginning with a discussion of the underlying concepts, theories and empirical evidence, the book gives you a range of practical tools and techniques for decision making in complex environments and systems.

Quantum Models of Cognition and Decision

Jerome R. Busemeyer,Peter D. Bruza
Quantum Models of Cognition and Decision Book PDF

Author : Jerome R. Busemeyer,Peter D. Bruza
Publisher : Cambridge University Press
Page : 425 pages
File Size : 42,8 Mb
Release : 2012-07-26
Category : Business & Economics
ISBN : 9781107011991

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Quantum Models of Cognition and Decision by Jerome R. Busemeyer,Peter D. Bruza Pdf

Introduces principles drawn from quantum theory to present a new framework for modeling human cognition and decision.

The Palgrave Handbook of Quantum Models in Social Science

Emmanuel Haven,Andrei Khrennikov
The Palgrave Handbook of Quantum Models in Social Science Book PDF

Author : Emmanuel Haven,Andrei Khrennikov
Publisher : Springer
Page : 377 pages
File Size : 55,6 Mb
Release : 2017-02-06
Category : Business & Economics
ISBN : 9781137492760

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The Palgrave Handbook of Quantum Models in Social Science by Emmanuel Haven,Andrei Khrennikov Pdf

It is not intuitive to accept that there exists a link between quantum physical systems and cognitive systems. However, recent research has shown that cognitive systems and collective (social) systems, including biology, exhibit uncertainty which can be successfully modelled with quantum probability. The use of such probability allows for the modelling of situations which typically violate the laws of classical probability. The Palgrave Handbook of Quantum Models in Social Science is is a unique volume that brings together contributions from leading experts on key topics in this new and emerging field. Completely self-contained, it begins with an introductory section which gathers all the fundamental notions required to be able to understand later chapters. The handbook then moves on to address some of the latest research and applications for quantum methods in social science disciplines, including economics, politics and psychology. It begins with the issue of how the quantum mechanical framework can be applied to economics. Chapters devoted to this topic range from how Fisher information can be argued to play a role in economics, to the foundations and application of quantum game theory. The handbook then progresses in considering how belief states can be updated with the theory of quantum measurements (and also with more general methods). The practical use of the Hilbert space (and Fock space) in decision theory is then introduced, and open quantum systems are also considered. The handbook also treats a model of neural oscillators that reproduces some of the features of quantum cognition. Other contributions delve into causal reasoning using quantum Bayes nets and the role of quantum probability in modelling so called affective evaluation. The handbook is rounded off with two chapters which discuss the grand challenges which lie ahead of us. How can the quantum formalism be justified in social science and is the traditional quantum formalism too restrictive? 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. Students and researchers across the discipline, as well as those in the fields of physics and mathematics will welcome this important addition to the literature.

Quantum-Like Models for Information Retrieval and Decision-Making

Diederik Aerts,Andrei Khrennikov,Massimo Melucci,Bourama Toni
Quantum Like Models for Information Retrieval and Decision Making Book PDF

Author : Diederik Aerts,Andrei Khrennikov,Massimo Melucci,Bourama Toni
Publisher : Springer Nature
Page : 173 pages
File Size : 47,6 Mb
Release : 2019-09-09
Category : Science
ISBN : 9783030259136

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Quantum-Like Models for Information Retrieval and Decision-Making by Diederik Aerts,Andrei Khrennikov,Massimo Melucci,Bourama Toni Pdf

Recent years have been characterized by tremendous advances in quantum information and communication, both theoretically and experimentally. In addition, mathematical methods of quantum information and quantum probability have begun spreading to other areas of research, beyond physics. One exciting new possibility involves applying these methods to information science and computer science (without direct relation to the problems of creation of quantum computers). The aim of this Special Volume is to encourage scientists, especially the new generation (master and PhD students), working in computer science and related mathematical fields to explore novel possibilities based on the mathematical formalisms of quantum information and probability. The contributing authors, who hail from various countries, combine extensive quantum methods expertise with real-world experience in application of these methods to computer science. The problems considered chiefly concern quantum information-probability based modeling in the following areas: information foraging; interactive quantum information access; deep convolutional neural networks; decision making; quantum dynamics; open quantum systems; and theory of contextual probability. The book offers young scientists (students, PhD, postdocs) an essential introduction to applying the mathematical apparatus of quantum theory to computer science, information retrieval, and information processes.

An Interdisciplinary Approach to Cognitive Modelling

Partha Ghose,Sudip Patra
An Interdisciplinary Approach to Cognitive Modelling Book PDF

Author : Partha Ghose,Sudip Patra
Publisher : Taylor & Francis
Page : 139 pages
File Size : 52,9 Mb
Release : 2023-12-05
Category : Philosophy
ISBN : 9781003818557

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An Interdisciplinary Approach to Cognitive Modelling by Partha Ghose,Sudip Patra Pdf

An Interdisciplinary Approach to Cognitive Modelling presents a new approach to cognition that challenges long-held views. It systematically develops a broad-based framework to model cognition, which is mathematically equivalent to the emerging ‘quantum-like modelling’ of the human mind. The book argues that a satisfactory physical and philosophical basis of such an approach is missing, a particular issue being the application of quantization to the mind for which there is no empirical evidence as yet. In response to this issue, the book adopts a COM (classical optical modelling) approach, broad-based but mathematically equivalent to quantum-like modelling while avoiding its problematic features. It presents a philosophically informed and empirically motivated mathematical model of cognition, mainly concerning decision-making processes. It also deals with applications to different areas of the social sciences. It will be of interest to scholars and research students interested in the mathematical modelling of cognition and decision-making, and also interdisciplinary researchers interested in broader issues of cognition.

Transformational Leadership in Nursing

Elaine Marshall, PhD, RN, FAAN
Transformational Leadership in Nursing Book PDF

Author : Elaine Marshall, PhD, RN, FAAN
Publisher : Springer Publishing Company
Page : 296 pages
File Size : 45,7 Mb
Release : 2010-09-01
Category : Medical
ISBN : 0826105297

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Transformational Leadership in Nursing by Elaine Marshall, PhD, RN, FAAN Pdf

2011 AJN Book of the Year Winner in Leadership and Management! The ultimate goal for Doctor of Nursing Practice (DNP) leaders is to develop skills that will support their ability to lead effectively through complex challenges-such as working within the constraints of tight budgets, initiating health care policy change to eliminate health disparities, and improving health care outcomes at all levels of care. This text is an invaluable instructional guide for nursing graduate students who are developing the skills needed to fulfill this new and emerging role of clinical leadership. With this book, nurses can develop leadership skills that will ultimately transform health care practice by incorporating innovative professional models of care. It provides critical information and practical tools to enhance leadership, drawing from the works of experts in business and health care leadership. This book is an important resource for DNP students, nurse practitioners, and current clinical leaders dealing with the challenges of health care for the next generation. Key topics: Cultivating the characteristics of a transformational leader: charisma, innovation, inspiration, intellect, and more Developing the role of the DNP within complex organizational systems Incorporating new care delivery, practice, and management models through leadership Navigating power, politics, and policy: building the team, understanding economics and finance, and more

Info-Gap Decision Theory

Yakov Ben-Haim
Info Gap Decision Theory Book PDF

Author : Yakov Ben-Haim
Publisher : Elsevier
Page : 384 pages
File Size : 42,9 Mb
Release : 2006-10-11
Category : Computers
ISBN : 9780080465708

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Info-Gap Decision Theory by Yakov Ben-Haim Pdf

Everyone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. Info-Gap Decision Theory is written for decision analysts. The term "decision analyst" covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made. This second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently "hybrid" models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais "paradoxes", are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models. New theory developed systematically Many examples from diverse disciplines Realistic representation of severe uncertainty Multi-faceted approach to risk Quantitative model-based decision theory

Strategic Economic Decision-Making

Jeff Grover
Strategic Economic Decision Making Book PDF

Author : Jeff Grover
Publisher : Springer Science & Business Media
Page : 116 pages
File Size : 40,6 Mb
Release : 2012-12-05
Category : Mathematics
ISBN : 9781461460404

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Strategic Economic Decision-Making by Jeff Grover Pdf

Strategic Economic Decision-Making: Using Bayesian Belief Networks to Solve Complex Problems is a quick primer on the topic that introduces readers to the basic complexities and nuances associated with learning Bayes’ theory and inverse probability for the first time. This brief is meant for non-statisticians who are unfamiliar with Bayes’ theorem, walking them through the theoretical phases of set and sample set selection, the axioms of probability, probability theory as it pertains to Bayes’ theorem, and posterior probabilities. All of these concepts are explained as they appear in the methodology of fitting a Bayes’ model, and upon completion of the text readers will be able to mathematically determine posterior probabilities of multiple independent nodes across any system available for study. Very little has been published in the area of discrete Bayes’ theory, and this brief will appeal to non-statisticians conducting research in the fields of engineering, computing, life sciences, and social sciences.

Decision Theory With Imperfect Information

Aliev Rafig Aziz,Huseynov Oleg H
Decision Theory With Imperfect Information Book PDF

Author : Aliev Rafig Aziz,Huseynov Oleg H
Publisher : World Scientific
Page : 468 pages
File Size : 52,8 Mb
Release : 2014-08-08
Category : Mathematics
ISBN : 9789814611053

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Decision Theory With Imperfect Information by Aliev Rafig Aziz,Huseynov Oleg H Pdf

Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations in which probabilities and events are imprecise. In this book, we describe a new theory of decision making with imperfect information. The aim is to shift the foundation of decision analysis and economic behavior from the realm bivalent logic to the realm fuzzy logic and Z-restriction, from external modeling of behavioral decisions to the framework of combined states.This book will be helpful for professionals, academics, managers and graduate students in fuzzy logic, decision sciences, artificial intelligence, mathematical economics, and computational economics.

Open Quantum Systems in Biology, Cognitive and Social Sciences

Andrei Y. Khrennikov
Open Quantum Systems in Biology Cognitive and Social Sciences Book PDF

Author : Andrei Y. Khrennikov
Publisher : Springer Nature
Page : 371 pages
File Size : 46,6 Mb
Release : 2023-06-03
Category : Science
ISBN : 9783031290244

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Open Quantum Systems in Biology, Cognitive and Social Sciences by Andrei Y. Khrennikov Pdf

This book mathematically analyzes the basic problems of biology, decision making and psychology within the framework of the theory of open quantum systems. In recent years there has been an explosion of interest in applications of quantum theory in fields beyond physics. The main areas include psychology, decision-making, economics, finance, social science as well as genetics and molecular biology. The corresponding models are referred to as quantum-like; they don’t concern any genuine physical processes in the human brain. Quantum-like models reflect the special features of information processing in biological, cognitive, and social systems which match well with the quantum formalism. This formalism gives rise to the quantum probability model (QP) which differs essentially from Kolmogorov's classical probability model. QP also serves as the basis for quantum information theory. Recently QP has been widely applied to the resolution of the basic paradoxes of decision making theory and to modeling experimental data stemming from cognition, psychology, economics, and finance thereby shedding light on probability fallacies and irrational behavior. In this book, the theory of quantum instruments and the quantum master equation are applied to the modeling of biological and cognitive processes, in particular, to the stability of complex biological and social systems interacting with their environment. An essential part of the book is devoted to the theory of the social laser and the Fröhlich condensate.