Quantum Economics
Edward Elgar Publishing Ltd (Verlag)
978-1-0353-6680-4 (ISBN)
This innovative book presents an in-depth exploration of the concept of human quantum mechanics. It introduces the idea of human entanglements as force-based and probability-based causalities, highlighting their central role in future economic action and developments. Aspalter takes this one step further treating economics as the science of human action ‘praxeology’ and expands on this approach using power exertion and power relation exertion via psychological processes, language processes and culture and social pressures as well as economic and cost realities. Presenting a dynamic and context-sensitive concept of ‘homo communicationis’ - the communication human, the book places communications, power and power relations centre stage in this new economic framework.
This book offers a solution to Hayek’s unsolved ‘coordination problem’ in the form of human entanglements that act from the past into the future and through current-day communications, also activating and amplifying power relations from the past. This for the first time fully explains instantaneous human coordination of economic markets, the majority of market agents and market institutions, as well as governments.
This book is an essential resource for academics in both macro- and micro-economics, behavioral and evolutionary economics as well as quantum economics and the emerging field of quantum social sciences. The theories and concepts showcased will also be of interest to those specializing in computational economics and finance to assist in advancing technological applications.
Christian Aspalter, Department of Social Sciences, Beijing Normal-Hong Kong Baptist University (BNBU), Zhuhai, China
Contents
PART I INTRODUCTORY PART
1 Why we need real-world economics: an opening 2
2 Applying human quantum mechanics to economics: an
introduction to communication-based economics 16
PART II VENTURING INTO QUANTUM ECONOMICS
3 From homo economicus to homo communicationis 29
4 Human entanglements created by communication 39
5 Human entanglements as the forces that create, spin, and
break the wheels of economies large and small 45
6 Quantum economics and human entanglement theory 55
7 Understanding human entanglement theory 61
8 Key foundations of quantum economics: its imperatives and
principles 67
9 The concept of power and economic energy 74
10 Unraveling the circular concept of utility 82
11 Communications as the source of economic value, economic
actions, and economic development 88
12 The market as human entanglement nettings 100
13 The market’s entanglements with government 114
14 Costs, profits, and prices as the result of old and source of
new power entanglements: the causality of power and power
relations 122
15 Economic actions/interactions and their domination by
probabilistic wave-like forces of power and power relations 144
PART III CONCLUDING PART
16 Quantum economics as communicational economics: lessons
for the future 175
Addenda 187
References 202
| Erscheinungsdatum | 22.10.2025 |
|---|---|
| Verlagsort | Cheltenham |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Themenwelt | Wirtschaft ► Allgemeines / Lexika |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie | |
| ISBN-10 | 1-0353-6680-0 / 1035366800 |
| ISBN-13 | 978-1-0353-6680-4 / 9781035366804 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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