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.

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.

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.

This book presents a probabilistic approach to studying the fundamental role of labor in capitalist economies and develops a non-deterministic theoretical framework for the foundations of political economy. By applying the framework to real-world data, the authors offer new insights into the dynamics of growth, wages, and accumulation in capitalist development around the globe. The book demonstrates that a probabilistic political economy based on labor inputs enables us to describe central organizing principles in modern capitalism. Starting from a few basic assumptions, it shows that the working time of employees is the main regulating variable for determining strict numerical limits on the rate of economic growth, the range of wages, and the pace of accumulation under the present global economic system. This book will appeal to anyone interested in how the capitalist mode of production works and its inherent limitations; in particular, it will be useful to scholars and students of Marxian economics. “Emmanuel Farjoun and Moshé Machover, follow up their pathbreaking work on the application of statistical physics methods to political economy in this book with David Zachariah, in which they develop methods for making educated and structured estimates of stylized facts applicable to capitalist economies. There’s a lot for economists and anyone interested in the political economy of capitalism to learn from their reasoning on these issues, including their novel and challenging suggestion of bounds on the rates of increase of use-value productivity of labor, and on the range of variation of the wage share.” Duncan K. Foley, Leo Model Professor of Economics, New School for Social Research

This book introduces the concept of policy decision emergence and its dynamics at the sub systemic level of the decision process. This level constitutes the breeding ground of the emergence of policy decisions but remains unexplored due to the absence of adequate tools. It is a nonlinear complex system made of several entities that interact dynamically. The behavior of such a system cannot be understood with linear and deterministic methods. The book presents an innovative multidisciplinary approach that results in the development of a Policy Decision Emergence Simulation Model (PODESIM). This computational model is a multi-level fuzzy inference system that allows the identification of the decision emergence levers. This development represents a major advancement in the field of public policy decision studies. It paves the way for decision emergence modeling and simulation by bridging complex systems theory, multiple streams theory, and fuzzy logic theory.

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.

This book presents different topics related to innovation, complexity, uncertainty, modeling and simulation, fuzzy logic, decision-making, aggregation operators, business and economic applications, among others. The chapters are the results of research presented at the International Workshop "Innovation, Complexity and Uncertainty in Economics and Business", held in Barcelona, in November 2019, by The Ibero-American Network for Competitiveness, Innovation and Development (REDCID in Spanish) and the Royal Academy of Economic and Financial Sciences (RACEF in Spanish). These papers are useful for junior and senior researchers in the area of economics and business.

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.

Much of our understanding of human thinking is based on probabilistic models. This innovative book by Jerome R. Busemeyer and Peter D. Bruza argues that, actually, the underlying mathematical structures from quantum theory provide a much better account of human thinking than traditional models. They introduce the foundations for modeling probabilistic-dynamic systems using two aspects of quantum theory. The first, 'contextuality', is a way to understand interference effects found with inferences and decisions under conditions of uncertainty. The second, 'quantum entanglement', allows cognitive phenomena to be modeled in non-reductionist ways. Employing these principles drawn from quantum theory allows us to view human cognition and decision in a totally new light. Introducing the basic principles in an easy-to-follow way, this book does not assume a physics background or a quantum brain and comes complete with a tutorial and fully worked-out applications in important areas of cognition and decision.

Traditional approaches to cognitive psychology correspond with a classical view of logic and probability theory. More specifically, one typically assumes that cognitive processes of human thought are founded on the Boolean structures of classical logic, while the probabilistic aspects of these processes are based on the Kolmogorovian structures of classical probability theory. However, growing experimental evidence indicates that the models founded on classical structures systematically fail when human decisions are at stake. These experimental deviations from classical behavior have been called `paradoxes’, `fallacies’, `effects’ or `contradictions’, depending on the specific situation where they appear. But, they involve a broad spectrum of cognitive and social science domains, ranging from conceptual combination to decision making under uncertainty, behavioral economics, and linguistics. This situation has constituted a serious drawback to the development of various disciplines, like cognitive science, linguistics, artificial intelligence, economic modeling and behavioral finance. A different approach to cognitive psychology, initiated two decades ago, has meanwhile matured into a new domain of research, called ‘quantum cognition’. Its main feature is the use of the mathematical formalism of quantum theory as modeling tool for these cognitive situations where traditional classically based approaches fail. Quantum cognition has recently attracted the interest of important journals and editing houses, academic and funding institutions, popular science and media. Specifically, within a quantum cognition approach, one assumes that human decisions do not necessarily obey the rules of Boolean logic and Kolmogorovian probability, and can on the contrary be modeled by the quantum-mechanical formalism. Different concrete quantum-theoretic models have meanwhile been developed that successfully represent the cognitive situations that are classically problematical, by explaining observed deviations from classicality in terms of genuine quantum effects, such as `contextuality’, `emergence’, `interference’, `superposition’, `entanglement’ and `indistinguishability’. In addition, the validity of these quantum models is convincingly confirmed by new experimental tests. We also stress that, since the use of a quantum-theoretic framework is mainly for modeling purposes, the identification of quantum structures in cognitive processes does not presuppose (without being incompatible with it) the existence of microscopic quantum processes in the human brain. In this Research Topic, we review the major achievements that have been obtained in quantum cognition, by providing an accurate picture of the state-of-the-art of this emerging discipline. Our overview does not pretend to be either complete or exhaustive. But, we aim to introduce psychologists and social scientists to this challenging new research area, encouraging them, at the same time, to consider its promising results. It is our opinion that, if continuous progress in this domain can be realized, quantum cognition can constitute an important breakthrough in cognitive psychology, and potentially open the way towards a new scientific paradigm in social science.