scholarly journals Approach to Financial Decision Making within Quantum Physics and Neurosciences

2020 ◽  
Vol 3 (2) ◽  
pp. 1
Author(s):  
Ana Njegovanović

This paper focuses on the study of the functional relationships between the tools of neuroscience, neurofinance and psychology on the one hand, and quantum physics / quantum mechanics and neurophysiology on the other. Can physics / quantum mechanics help explain / understand human behavior through the Shrödinger cat platform (perhaps we can explain the most mysterious phenomena: human behavior - cerebral secretion?)? The concepts of quantum mechanics allow a good prediction of human decision making within Schrödinger's cat (two particles can talk to each other even at a distance of a galaxy, perhaps in this sense can help explain an extremely complex decision making system), and define the "connection of quantum models with neurophysiological processes in the brain “... which is a very complex problem.” (Haven and Khrennikov) The application of quantum physics and neuroscience in finance allows us to consider the complexity of financial decision making, while the connection between quantum physics and psychology manifests itself as the field of quantum physics seeks to understand the fundamental nature of particles. while the field of psychology seeks to explain human nature along with its inherent misconceptions.If decision-making is a process of gathering evidence in favor of different alternatives over time, the process is discontinued once the decision limit is reached, followed by choice of decision. e activity within the posterior parietal cortex several important questions remain unanswered. Neural mechanisms that support the accumulation of evidence record the activities of individual neurons in different parts of the prefrontal cortex (PFC) and the lateral intraparietal area (LIP).

2020 ◽  
Vol 4 (1) ◽  
pp. 40-50
Author(s):  
Ana Njegovanović

This paper is devoted to the study of functional relationships between behavioral finance, in particular when making decisions in the financial market, and the theory of reason and optogenetics. The purpose of this paper is to analyze the interaction of financial decision-making processes with the key principles of the mental state model (theory of mind) and define the role of optogenetics. The author notes that the use of the theory of reason in behavioral finance allows us to consider the key characteristics of the mental state of the subject of economic relations (thoughts, perceptions, desires, intentions, feelings have an internal mentalistic and experimental content). The author notes that decision-making at any level characterizes the complex network of scientific industries that allow us to understand the complexity of financial decision-making and the role and significance of the laws of thermodynamics and entropy. Modeling neural networks (based on the experimental approach), the paper presents the results of research in the context of analyzing behavioral changes in our brain under the following scenarios: at the stage of awareness of certain processes; if we participate (or do not) participate in these processes. The following conclusions are made in the paper: for the normal states of anxiety, the greatest number of possible configurations of interactions between brain networks, which represent the highest values of entropy is characteristic. These results are obtained from the study of a small number of participants in the experiment, but give an objective assessment and understanding of the complexity of the research and the guidance that include a scientific basis in the process of solving problems in the financial sphere (as an example: when trading in the financial market). Keywords: behavioral finance; theory of mind, financial decision making, optogenetics.


2020 ◽  
Vol 4 (4) ◽  
pp. 55-65
Author(s):  
Ana Njegovanović

The purpose of this paper is interdisciplinary research of combinations of different disciplines of (natural) anthropology/neuroscience of consciousness and quantum physics and (social sciences) of financial decision making in the context of climate change and pandemics, which can be useful for finding new information, solving complex problems. The aim of this study is to provide insights into financial decision-making through the intertwining of anthropology/neuroscience and quantum physics in financial decision-making within COVID 19 and climate change and what their relationship/outcomes are. Human consciousness has slipped towards the collapse of convergent crises. Namely, health and climate change are intertwined. The causes of the COVID 19 crisis and climate change are common and their effects are approaching. The climatic situation and COVID-19, a zoonotic disease, are subject to human activity that has led to environmental degradation. Neither the climate crisis nor the zoonotic pandemic was unexpected. They have led to the loss of life that could have been prevented by delayed, insufficient, or wrong actions. Financial decision-making requires harmonizing public health improvements, creating a sustainable economic future, and better protecting remaining natural resources and biodiversity Perhaps in this context financial simplification could be defined as the coexistence of all options with different degrees of potential that we will choose (it is a superposition), other options cease to exist for us when we enter the so-called zero of the desired option (the brain prepares our decisions). The results of the research showed us that COVID 19 and climate change have caused economic risks and uncertainties that have far-reaching and profound implications for financial decision-making as well as the financial services industry and its institutions. Extending tools through anthropology/neuroscience and quantum physics has given us knowledge of the need to connect both the natural and social sciences to understand the complex world around us. Keywords: Anthropology, Neuroscience, Quantum physics, Financial Decision Making.


2011 ◽  
Author(s):  
Gergana Y. Nenkov ◽  
Deborah MacInnis ◽  
Maureen Morrin

2013 ◽  
Author(s):  
Stephen J. Guastello ◽  
Katherine Reiter ◽  
Anton Shircel ◽  
Paul Timm ◽  
Matthew Malon ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document