The Importance of Quantum Information in the Stock Market and Financial Decision Making in Conditions of Radical Uncertainty
Ana Njegovanović
International Journal of Social Science Studies, 2023, vol. 11, issue 1, 54-71
Abstract:
The Universe is a coin that’s already been flipped, heads or tails predetermined- all we’re doing is uncovering it the ‘paradox’ is only a conflict between reality and your feeling of what reality ‘ought to be’.Richard FeynmanThe aim of the research takes place through two parallel directions. The first is gaining an understanding of the applicability of quantum mechanics/quantum physics to human decision-making processes in the stock market with quantum information as a decision-making lever, and the second direction is neuroscience and artificial intelligence using postulates analogous to the postulates of quantum mechanics and radical uncertainty in conditions of radical uncertainty.The world of radical uncertainty (radical uncertainty is based on the knowledge of quantum mechanics from the claim that there is no causal certainty). it is everywhere in our world. "Radical uncertainty is characterized by vagueness, ignorance, indeterminacy, ambiguity and lack of information. He prefers to create 'mysteries' rather than 'puzzles' with defined solutions. Mysteries are ill-defined problems in which action is required, but the future is uncertain, the consequences unpredictable, and disagreement inevitable. "How should we make decisions in these circumstances?" (J. Kay and M. King, 2020), while "uncertainty and ambiguity are at the very core of the stock market. "Narratives are the currency of uncertainty" (N. Mangee, 2022).
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rfa:journl:v:11:y:2023:i:1:p:54-71
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