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  • Cited by 294
Publisher:
Cambridge University Press
Online publication date:
July 2013
Print publication year:
2013
Online ISBN:
9781139003261

Book description

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 and defines quantum social science. The issue of the existence of quantum probabilistic effects in psychology, economics and finance is addressed and basic questions and answers are provided. Aimed at researchers in economics and psychology, as well as physics, basic mathematical preliminaries and elementary concepts from quantum mechanics are defined in a self-contained way.

Reviews

'… the text is well-written and presents all lines of thought with mathematical rigour. It features end-of-chapter references to scientific publications and a glossary to help define the terminology.'

Manuel Vogel Source: Contemporary Physics

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