PIRSA:09090026

Betting on Quantum Theory

Salton, G. (2009). Betting on Quantum Theory. Perimeter Institute. https://pirsa.org/09090026

Salton, Grant. Betting on Quantum Theory. Perimeter Institute, Sep. 08, 2009, https://pirsa.org/09090026 

          @misc{ pirsa_PIRSA:09090026,
            doi = {10.48660/09090026},
            url = {https://pirsa.org/09090026},
            author = {Salton, Grant},
            keywords = {Quantum Foundations},
            language = {en},
            title = {Betting on Quantum Theory},
            publisher = {Perimeter Institute},
            year = {2009},
            month = {sep},
            note = {PIRSA:09090026 see, \url{https://pirsa.org}}
          }

Grant Salton

Amazon.com

Talk number
PIRSA:09090026
Collection
Talk Type
Subject
Abstract
Betting (or gambling) is a useful tool for studying decision-making in the face of [classical] uncertainty. We would like to understand how a quantum "agent" would act when faced with uncertainty about its [quantum] environment. I will present a preliminary construction of a theory of quantum gambling, motivated by roulette and quantum optics. I'll begin by reviewing classical gambling and the Kelly Criterion for optimal betting. Then I'll demonstrate a quantum optical version of roulette, and discuss some of the challenges and pitfalls in designing such analogues. Quantum agents have access to many more strategies than classical agents. Quantum strategies provide no advantage in classical roulette, but I'll show that a quantum agent can outperform a classical agent in quantum roulette.