Fundamental Measurements in Economics and in the Theory of Consciousness

TL;DR

This paper introduces a constructivist measurement-based framework for economics and consciousness, utilizing quantum formalism to model elementary objects and their properties, with potential applications in consciousness modeling.

Contribution

It develops a novel measurement-based approach using quantum formalism for modeling economic and consciousness phenomena, bridging physics and social sciences.

Findings

Constructed an algebra of economic measurements.

Showed quantum formalism is necessary for certain economic conditions.

Created economic analogs of slit experiments in physics.

Abstract

A new constructivist approach to modeling in economics and theory of consciousness is proposed. The state of elementary object is defined as a set of its measurable consumer properties. A proprietor's refusal or consent for the offered transaction is considered as a result of elementary economic measurement. Elementary (indivisible) technology, in which the object's consumer values are variable, in this case can be formalized as a generalized economic measurement. The algebra of such measurements has been constructed. It has been shown that in the general case the quantum-mechanical formalism of the theory of selective measurements is required for description of such conditions. The economic analogs of the elementary slit experiments in physics have been created. The proposed approach can be also used for consciousness modeling.