Over the last ten years, elements of the formalism of quantum mechanics have been successfully applied beyond physics in areas such as psychology (especially cognition), economics and finance (especially in the formalization of so-called ‘decision making’), political science, and molecular biology. An important stream of work along these lines, commonly under the heading of quantum-like modeling, has been published in well regarded scientific journals, and major publishers have devoted ent...

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 an...

This is one of the few unique books that explicitly explores what the common methodologies are across disciplines that stretch from the humanities to the exact sciences. The goal is to compare and contrast the modes of thinking and methods of research of diverse disciplines to allow readers to explore the common threads and distinct features of approach to research.Contributed by world-renowned authors, and written at a non-specialist level, it is accessible even to senior undergraduates a...

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...

Written by world experts in the foundations of quantum mechanics and its applications to social science, this book shows how elementary quantum mechanical principles can be applied to decision-making paradoxes in psychology and used in modelling information in finance and economics. The book starts with a thorough overview of some of the salient differences between classical, statistical and quantum mechanics. It presents arguments on why quantum mechanics can be applied outside of physics...

The 2008 financial crisis was a watershed moment which clearly influenced the public's perception of the role of 'finance' in society. Since 2008, a plethora of books and newspaper articles have been produced accusing the academic community of being unable to produce valid models which can accommodate those extreme events.This unique Handbook brings together leading practitioners and academics in the areas of banking, mathematics, and law to present original research on the key iss...

This book constitutes the refereed proceedings of the 7th International Conference on Quantum Interaction, QI 2013, held in Leicester, UK, in July 2013. The 31 papers presented in this book were carefully selected from numerous submissions. The papers cover various topics on quantum interaction and revolve around four themes: information processing/retrieval/semantic representation and logic; cognition and decision making; finance/economics and social structures and biological systems.

Mathematical Modelling in One Dimension demonstrates the universality of mathematical techniques through a wide variety of applications. Learn how the same mathematical idea governs loan repayments, drug accumulation in tissues or growth of a population, or how the same argument can be used to find the trajectory of a dog pursuing a hare, the trajectory of a self-guided missile or the shape of a satellite dish. The author places equal importance on difference and differential equations, sh...

The pebbles used in ancient abacuses gave their name to the calculus, which today is a fundamental tool in business, economics, engineering and the sciences. This introductory book takes readers gently from single to multivariate calculus and simple differential and difference equations. Unusually the book offers a wide range of applications in business and economics, as well as more conventional scientific examples. Ideas from univariate calculus and linear algebra are covered as needed, ...

This is the first comprehensive book on information geometry, written by the founder of the field. It begins with an elementary introduction to dualistic geometry and proceeds to a wide range of applications, covering information science, engineering, and neuroscience. It consists of four parts, which on the whole can be read independently. A manifold with a divergence function is first introduced, leading directly to dualistic structure, the heart of information geometry. This part (Part ...

In this thesis, quantum estimation theory is applied to investigate uncertainty relations between error and disturbance in quantum measurement. The author argues that the best solution for clarifying the attainable bound of the error and disturbance is to invoke the estimation process from the measurement outcomes such as signals from a photodetector in a quantum optical system. The error and disturbance in terms of the Fisher information content have been successfully formulated and provi...

The goal of this book is to present Stochastic Calculus at an introductory level and not at its maximum mathematical detail. The author aims to capture as much as possible the spirit of elementary deterministic Calculus, at which students have been already exposed. This assumes a presentation that mimics similar properties of deterministic Calculus, which facilitates understanding of more complicated topics of Stochastic Calculus.