quantum ideas in economics
play

Quantum Ideas in Economics Why Quantum Ideas . . . Beyond Quantum - PowerPoint PPT Presentation

General Problems Class NP ? P = NP: An Open Problem NP-Complete Problems Quantum Ideas in Economics Why Quantum Ideas . . . Beyond Quantum Quantum . . . Our Idea and What . . . Econometrics Main Ideas Behind . . . There Is a Similar Idea


  1. General Problems Class NP ? P = NP: An Open Problem NP-Complete Problems Quantum Ideas in Economics Why Quantum Ideas . . . Beyond Quantum Quantum . . . Our Idea and What . . . Econometrics Main Ideas Behind . . . There Is a Similar Idea . . . Vladik Kreinovich 1 , Hung T. Nguyen 2 , 3 , and Home Page Songsak Sriboonchitta 3 Title Page 1 Department of Computer Science, University of Texas at El Paso ◭◭ ◮◮ El Paso, Texas, USA, USA, vladik@utep.edu 2 Department of Mathematical Sciences, New Mexico State University ◭ ◮ Las Cruces, New Mexico 88002, USA, hunguyne@nmsu.edu Faculty of Economics, Chiang Mai University Page 1 of 25 Chiang Mai 50200, Thailand, songsakecon@gmail.com Go Back Full Screen Close Quit

  2. General Problems Class NP 1. General Problems ? P = NP: An Open Problem • In most practical problems: NP-Complete Problems Why Quantum Ideas . . . – once we have a candidate for a solution, Quantum . . . – we can feasibly check whether this candidate is in- Our Idea and What . . . deed a solution. Main Ideas Behind . . . • For example, in mathematics, it is often difficult to find There Is a Similar Idea . . . a proof of a statement or of its negation; however: Home Page – once someone produces what intends to be a de- Title Page tailed proof, ◭◭ ◮◮ – it is feasible for a referee to check that all the steps ◭ ◮ in this text are indeed correct and thus, Page 2 of 25 – that the text does indeed constitute a proof; Go Back – we can even use a computer-based system for this checking. Full Screen Close Quit

  3. General Problems Class NP 2. Examples of Problems ? P = NP: An Open Problem • Similarly, in physics: NP-Complete Problems Why Quantum Ideas . . . – it is often difficult to find a formula that described Quantum . . . the observed phenomena, but Our Idea and What . . . – once such a formula is proposed, one can feasibly Main Ideas Behind . . . check whether all observations satisfy it. There Is a Similar Idea . . . • In engineering, it is often difficult to come up with a Home Page design that satisfies all the given specifications; but: Title Page – once a design is produced, ◭◭ ◮◮ – we can use software packages to check that this ◭ ◮ design indeed satisfies the specifications. Page 3 of 25 Go Back Full Screen Close Quit

  4. General Problems Class NP 3. Class NP ? P = NP: An Open Problem • For example, we can check: NP-Complete Problems Why Quantum Ideas . . . – that the designed airplane is indeed stable under Quantum . . . allowable winds, Our Idea and What . . . – that the corresponding stresses do not exceed the Main Ideas Behind . . . prescribed level, etc. There Is a Similar Idea . . . • Problems for which we can feasibly check whether a Home Page candidate is indeed a solution are known as NP. Title Page • The abbreviation NP stands for Non-deterministic ◭◭ ◮◮ Polynomial , where: ◭ ◮ – “non-deterministic” means that we are allowed to Page 4 of 25 guess, and – “polynomial” means that once a guess is produced, Go Back checking takes polynomial time; Full Screen – such polynomial bounds are a formal description of Close feasibility. Quit

  5. General Problems Class NP 4. NP and Beyond ? P = NP: An Open Problem • Not all practical problems belong to the class NP. NP-Complete Problems Why Quantum Ideas . . . • For example: Quantum . . . – if we want to find an optimal design, Our Idea and What . . . – then, in general, it is not easy to check that a given Main Ideas Behind . . . guess is optimal: There Is a Similar Idea . . . – for that, we would need to compare it with an un- Home Page feasible number of all possible designs. Title Page • Similarly, in multi-step conflict situations: ◭◭ ◮◮ – it is not easy to check whether a given move is ◭ ◮ winning or not; Page 5 of 25 – checking it would require going over all possible Go Back counter-moves of the opposite side. Full Screen • However, many practical problem are indeed problems from the class NP. Close Quit

  6. General Problems Class NP ? 5. P = NP: An Open Problem ? P = NP: An Open Problem NP-Complete Problems • It is still not known whether we can solve all problems Why Quantum Ideas . . . from the class NP is feasible (polynomial) time. Quantum . . . • This is the famous open problem of whether: Our Idea and What . . . – the class NP is equal to Main Ideas Behind . . . There Is a Similar Idea . . . – the class P of all the problems that can be solved Home Page feasibly (i.e., in polynomial time). Title Page • Most computer scientists believe that NP is different from P. ◭◭ ◮◮ ◭ ◮ • The fact that we do not know whether NP is different from P means that: Page 6 of 25 – there is no problem from the class NP Go Back – for which we have proven that this problem cannot Full Screen be solved in polynomial time. Close Quit

  7. General Problems Class NP 6. NP-Complete Problems ? P = NP: An Open Problem • There are problems from the class NP which are as NP-Complete Problems hard as possible within this class, in the sense that: Why Quantum Ideas . . . Quantum . . . – every other problem from the class NP Our Idea and What . . . – can be feasibly reduced to this problem. Main Ideas Behind . . . • Such problems are known as NP-complete. There Is a Similar Idea . . . • Many problems of solving non-linear equations have Home Page been proven to be NP-complete. Title Page • The 1st problem for which NP-completeness was ◭◭ ◮◮ proven was propositional satisfiability (SAT) : ◭ ◮ • Given a propositional formula F , i.e., a formula ob- Page 7 of 25 tained Go Back – from propositional (“yes”-“no”) variables v i Full Screen – by using propositional connectives & (and), ∨ (or), and ¬ (not). Close Quit

  8. General Problems Class NP 7. NP-Complete Problems (cont-d) ? P = NP: An Open Problem • Example: F = ( v 1 ∨ v 2 ∨ ¬ v 3 ) & ( ¬ v 1 ∨ v 2 ) . NP-Complete Problems Why Quantum Ideas . . . • Find the values of the variables v i that make the for- Quantum . . . mula F true. Our Idea and What . . . • Here, a reduction of a problem A to problem B means Main Ideas Behind . . . that: There Is a Similar Idea . . . Home Page – for every instance a of the problem A , – we can feasibly compute an appropriate instance b Title Page of the problem B . ◭◭ ◮◮ • Then, ◭ ◮ – once we have a solution to the instance b , Page 8 of 25 – we can feasibly transform this solution into a solu- Go Back tion to the original instance a . Full Screen • Let us give a simple example of reduction. Close Quit

  9. General Problems Class NP 8. Reduction ? P = NP: An Open Problem • Solving an equation p · x 4 + q · x + r = 0 can be reduced NP-Complete Problems to p · y 2 + q · y + r = 0. Why Quantum Ideas . . . Quantum . . . • If y is a solution to the quadratic equation, then x = ±√ y solves the original equation. Our Idea and What . . . Main Ideas Behind . . . • So, once we know that a problem is NP-complete, then: There Is a Similar Idea . . . Home Page – any good algorithm for solving this problem – automatically becomes a good algorithm for solving Title Page all other problems from the class NP. ◭◭ ◮◮ • This is not just a theoretical possibility: ◭ ◮ – efficient tools for solving the propositional satisfia- Page 9 of 25 bility problem (known as SAT-solvers ) Go Back – are now used to solve many problems from different Full Screen application areas. Close Quit

  10. General Problems Class NP 9. Why Quantum Ideas in Economics ? P = NP: An Open Problem • From this viewpoint, econometrics has many complex NP-Complete Problems problems. Why Quantum Ideas . . . Quantum . . . • Sometimes, we do not have efficient algorithms for solv- Our Idea and What . . . ing these problems. Main Ideas Behind . . . • In this case, due to the above reduction, it is reason- There Is a Similar Idea . . . able: Home Page – to look for other complex (NP-complete) problem, Title Page and ◭◭ ◮◮ – see if known algorithms for solving these other ◭ ◮ problems can be applied to economics. Page 10 of 25 • Where can we find such other problems? Go Back • Most of the practical problems deal with the physical Full Screen world. Close Quit

  11. General Problems Class NP 10. Why Quantum Ideas in Economics (cont-d) ? P = NP: An Open Problem • Thus, it is reasonable to look into physics for examples NP-Complete Problems of complex problems with known efficient algorithms. Why Quantum Ideas . . . Quantum . . . • It is known that adding quantum effects makes prob- Our Idea and What . . . lems more complex. Main Ideas Behind . . . • Thus, if we look for complex problems in physics, it is There Is a Similar Idea . . . reasonable to look for problems of quantum physics. Home Page • So, we arrive at the idea of trying to see if we can Title Page – apply known algorithms for solving complex prob- ◭◭ ◮◮ lem of quantum physics ◭ ◮ – to solve complex economics-related problems. Page 11 of 25 Go Back Full Screen Close Quit

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend