Decision Engineering Homologies with Quantum Mechanics: EDRM Proximity and the Born Rule

Homologies between decision sciences, economics, and physics have been observed and applied for quite some time. Even von Neumann, who established the foundations of mathematics for quantum mechanics and game theory, noted what he considered obvious relationships between these fields of study. However, it is the physical world that is often used as a source of models for application in behavioral, micro, and macroeconomics rather than the other way around. This research seeks to advance prior work that identified an analogy between the Entropy Decision Risk Model's (EDRM) definition of proximity, which relates objective and subjective probability to explain how subjects perceive uncertainty, and the Born Rule of Quantum Mechanics. So far, there has been no derivation for the Born Rule, as it is based only upon an editor's remark in a footnote of Born's foundational 1926 paper, leaving an unanswered question. The goal of this research is to understand homologies and isomorphologies between quantum mechanics and decision engineering that will benefit both disciplines.