Approach to Financial Decision Making within Quantum Physics and Neurosciences
Ana Njegovanović
International Journal of Law and Public Administration, 2020, vol. 3, issue 2, 1-9
Abstract:
This paper focuses on the study of the functional relationships between the tools of neuroscience, neurofinance and psychology on the one hand, and quantum physics / quantum mechanics and neurophysiology on the other. Can physics / quantum mechanics help explain / understand human behavior through the Shrödinger cat platform (perhaps we can explain the most mysterious phenomena- human behavior - cerebral secretion?)? The concepts of quantum mechanics allow a good prediction of human decision making within Schrödinger's cat (two particles can talk to each other even at a distance of a galaxy, perhaps in this sense can help explain an extremely complex decision making system), and define the "connection of quantum models with neurophysiological processes in the brain “... which is a very complex problem.†(Haven and Khrennikov) The application of quantum physics and neuroscience in finance allows us to consider the complexity of financial decision making, while the connection between quantum physics and psychology manifests itself as the field of quantum physics seeks to understand the fundamental nature of particles. while the field of psychology seeks to explain human nature along with its inherent misconceptions.If decision-making is a process of gathering evidence in favor of different alternatives over time, the process is discontinued once the decision limit is reached, followed by choice of decision. e activity within the posterior parietal cortex several important questions remain unanswered. Neural mechanisms that support the accumulation of evidence record the activities of individual neurons in different parts of the prefrontal cortex (PFC) and the lateral intraparietal area (LIP).
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:rfa:ijlpaj:v:3:y:2020:i:2:p:1-9
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