34 citations · 140 across the 9 of their papers we have counts for
9 papers
The Dutch's Real World Financial Institute: Introducing Quantum-Like Bayesian Networks as an Alternative Model to deal with Uncertainty
Catarina Moreira, Emmanuel Haven, Sandro Sozzo +1
In this work, we analyse and model a real life financial loan application belonging to a sample bank in the Netherlands. The log is robust in terms of data, containing a total of 2…
A model of adaptive decision making from representation of information environment by quantum fields
F. Bagarello, A. Khrennikov, E. Haven
We present the mathematical model of decision making (DM) of agents acting in a complex and uncertain environment (combining huge variety of economical, financial, behavioral, and…
A Proposal to Extend Expected Utility in a Quantum Probabilistic Framework
Diederik Aerts, Emmanuel Haven, Sandro Sozzo
Expected utility theory (EUT) is widely used in economic theory. However, its subjective probability formulation, first elaborated by Savage, is linked to Ellsberg-like paradoxes a…
First results on applying a non-linear effect formalism to alliances between political parties and buy and sell dynamics
Fabio Bagarello, Emmanuel Haven
We discuss a non linear extension of a model of alliances in politics, recently proposed by one of us. The model is constructed in terms of operators, describing the \emph{interest…
A Generalized Probability Framework to Model Economic Agents' Decisions Under Uncertainty
Emmanuel Haven, Sandro Sozzo
The applications of techniques from statistical (and classical) mechanics to model interesting problems in economics and finance has produced valuable results. The principal moveme…
The role of information in a two-traders market
F. Bagarello, E. Haven
In a very simple stock market, made by only two \emph{initially equivalent} traders, we discuss how the information can affect the performance of the traders. More in detail, we fi…
The quantum-like description of the dynamics of party governance in the US political system
Polina Khrennikova, Andrei Khrennikov, Emmanuel Haven
This paper is devoted to the application of the mathematical formalism of quantum mechanics to social (political) science. By using the quantum dynamical equations we model the pro…
Quantum Experimental Data in Psychology and Economics
Diederik Aerts, Bart D'Hooghe, Emmanuel Haven
We prove a theorem which shows that a collection of experimental data of probabilistic weights related to decisions with respect to situations and their disjunction cannot be model…
The importance of probability interference in social science: rationale and experiment
Andrei Khrennikov, Emmanuel Haven
Probability interference is a fundamental characteristic of quantum mechanics. In this paper we attempt to show with the help of some examples, where this fundamental trait of quan…