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. 2023 Aug 7;381(2252):20220286.
doi: 10.1098/rsta.2022.0286. Epub 2023 Jun 19.

The quantum foundations of utility and value

Cal R Abel  1
Affiliations

The quantum foundations of utility and value

Cal R Abel. Philos Trans A Math Phys Eng Sci. .

Abstract

This work presents a generalization of game theory and new perspectives on utility and value. Using quantum formalism, we prove that classical game theory is a special case of quantum game theory. We show that the von Neumann entropy and von Neumann-Morgenstern utility are equivalent and that the Hamiltonian operator represents value. This article is part of the theme issue 'Thermodynamics 2.0: Bridging the natural and social sciences (Part 1)'.

Keywords: entropy; game theory; quantum theory; utility; value.

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Conflict of interest statement

I declare I have no competing interests.

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