The quantum foundations of utility and value

This work presents a generalization of game theory and new perspectives on utility and value. Using quantum formalism, we prove that classical game theory is a special case of quantum game theory. We show that the von Neumann entropy and von Neumann–Morgenstern utility are equivalent and that the Ha...

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Detalles Bibliográficos
Autor principal: Abel, Cal R.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Royal Society 2023
Materias:
Articles
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10277775/
https://www.ncbi.nlm.nih.gov/pubmed/37334459
http://dx.doi.org/10.1098/rsta.2022.0286
Descripción
Sumario:This work presents a generalization of game theory and new perspectives on utility and value. Using quantum formalism, we prove that classical game theory is a special case of quantum game theory. We show that the von Neumann entropy and von Neumann–Morgenstern utility are equivalent and that the Hamiltonian operator represents value. This article is part of the theme issue ‘Thermodynamics 2.0: Bridging the natural and social sciences (Part 1)’.

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