Quantum Computation of the Cobb–Douglas Utility Function via the 2D Clairaut Differential Equation

This paper introduces the integration of the Cobb–Douglas (CD) utility model with quantum computation using the Clairaut-type differential formula. We propose a novel economic–physical model employing envelope theory to establish a link with quantum entanglement, defining emergent probabilities in the optimal utility function for two goods within a given expenditure limit. The study explores the interaction between the CD model and quantum computation, emphasizing system entropy and Clairaut differential equations in understanding utility’s optimal envelopes. Algorithms using the 2D Clairaut equation are introduced for the quantum formulation of the CD function, showcasing representation in quantum circuits for one and two qubits. Our findings, validated through IBM-Q simulations, align with the predictions, demonstrating the robustness of our approach. This methodology articulates the utility–budget relationship through envelope representation, where normalized intercepts signify probabilities. The precision of our results, especially in modeling quantum entanglement, surpasses that of IBM-Q simulations, which require extensive iterations for similar accuracy.

Authors

Institutions

Publication Details

Journal
Quantum Reports
Published
2024-12-29
DOI
https://doi.org/10.3390/quantum7010001
Citations
3
Primary Topic
Advanced Thermodynamics and Statistical Mechanics
Type
article
Field-Weighted Citation Impact
0.84

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Quantum Computation of the Cobb–Douglas Utility Function via the 2D Clairaut Differential Equation

Francisco J. Caro‐Lopera, Álvaro Hernán Bedoya, Isabel Cristina Betancur-Hinestroza, Éver Alberto Velásquez-Sierra
3 citations
Quantum Reports
Advanced Thermodynamics and Statistical Mechanics
0.84
article

Quantum Computation of the Cobb–Douglas Utility Function via the 2D Clairaut Differential Equation

Francisco J. Caro‐Lopera, Álvaro Hernán Bedoya, Isabel Cristina Betancur-Hinestroza, Éver Alberto Velásquez-Sierra
article en
3 citations

Abstract

This paper introduces the integration of the Cobb–Douglas (CD) utility model with quantum computation using the Clairaut-type differential formula. We propose a novel economic–physical model employing envelope theory to establish a link with quantum entanglement, defining emergent probabilities in the optimal utility function for two goods within a given expenditure limit. The study explores the interaction between the CD model and quantum computation, emphasizing system entropy and Clairaut differential equations in understanding utility’s optimal envelopes. Algorithms using the 2D Clairaut equation are introduced for the quantum formulation of the CD function, showcasing representation in quantum circuits for one and two qubits. Our findings, validated through IBM-Q simulations, align with the predictions, demonstrating the robustness of our approach. This methodology articulates the utility–budget relationship through envelope representation, where normalized intercepts signify probabilities. The precision of our results, especially in modeling quantum entanglement, surpasses that of IBM-Q simulations, which require extensive iterations for similar accuracy.

Quantum ReportsVol. 7(1)
Universidad de Medellín (CO)
Universidad de Medellín
Openalex Percentile: Top 26%
Advanced Thermodynamics and Statistical Mechanics
0.84
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.