Information Processing by Networks of Quantum Decision Makers
V.I. Yukalov, E.P. Yukalova, and D. Sornette

TL;DR
This paper introduces a quantum decision network model for multiple interacting agents, predicting collective decision dynamics and consensus formation, with results aligning well with empirical data.
Contribution
It generalizes quantum decision theory to multi-agent, multi-step scenarios, modeling information exchange and collective decision-making in quantum networks.
Findings
Describes probabilistic behavior of decision makers at initial stages
Shows decrease in difference between prospect probabilities and utility factors
Predicts emergence of consensus after multiple information exchanges
Abstract
We suggest a model of a multi-agent society of decision makers taking decisions being based on two criteria, one is the utility of the prospects and the other is the attractiveness of the considered prospects. The model is the generalization of quantum decision theory, developed earlier for single decision makers realizing one-step decisions, in two principal aspects. First, several decision makers are considered simultaneously, who interact with each other through information exchange. Second, a multistep procedure is treated, when the agents exchange information many times. Several decision makers exchanging information and forming their judgement, using quantum rules, form a kind of a quantum information network, where collective decisions develop in time as a result of information exchange. In addition to characterizing collective decisions that arise in human societies, such…
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Taxonomy
TopicsQuantum Mechanics and Applications · Advanced Thermodynamics and Statistical Mechanics · Statistical Mechanics and Entropy
