Title
Positive Operator-Valued Measures In Quantum Decision Theory
Abstract
We show that the correct mathematical foundation of quantum decision theory, dealing with uncertain events, requires the use of positive operator-valued measure that is a generalization of the projection-valued measure. The latter is appropriate for operationally testable events, while the former is necessary for characterizing operationally uncertain events. In decision making, one has to distinguish composite non-entangled events from composite entangled events. The mathematical definition of entangled prospects is based on the theory of Hilbert-Schmidt spaces and is analogous to the definition of entangled statistical operators in quantum information theory. We demonstrate that 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. The origin of uncertainties in standard lotteries is explained.
Year
DOI
Venue
2014
10.1007/978-3-319-15931-7_12
QUANTUM INTERACTION (QI 2014)
Keywords
Field
DocType
Decision theory, Quantum information processing, Decisions under uncertainty, Quantum probability, Positive operator-valued measure, Entangled prospects
Quantum nonlocality,Discrete mathematics,Quantum,Quantum probability,Mathematical economics,Operator (computer programming),Decision theory,Quantum information,Quantum pseudo-telepathy,Mathematics,No-communication theorem
Conference
Volume
ISSN
Citations 
8951
0302-9743
2
PageRank 
References 
Authors
0.38
7
2
Name
Order
Citations
PageRank
Vyacheslav I. Yukalov1478.16
Didier Sornette223837.50