Quantum Economics, the Wave Function, and the Future of Decision StrategyHow Radislav (Rutherford) Johnson’s Vision Anticipated the Next Generation of Behavioral EconomicsImagine an economic model that
doesn’t just assume people are logical, but accepts that logic itself
can differ across individuals and cultures. A model where
decision-making is shaped not by a singular rulebook, but by waves of
probability, psychology, and strategic context. That model already
exists. It’s called the Choice Wave, and it was developed and
empirically tested by Radislav I of Rome-Ruthenia (also known in
academia as Dr. Rutherford Johnson, PhD, ALM, MSc, FRGS).
First introduced in 2006, the Choice Wave, then known as Wave Function Probabilistic Demand, reframes how we understand human behavior in economics, policy, business, and beyond. Drawing directly from quantum mechanics, the theory treats decisions as probabilistic collapses among multiple rational strategies, not deviations from some rigid ideal. (For the full technical details, please follow this link!) Modeling Complexity as RealityEconomics has long relied on models that simplify people into predictable, utility-maximizing agents. But real-world behavior doesn’t always follow a single path. Behavioral science has shown this for decades—but what Radislav did was turn that insight into mathematical structure.The Choice Wave posits that people operate within their own distinct rational frameworks. These are not errors, but rather are valid systems of reasoning. By assigning each group or behavioral type a separate Choice Wave, a unique, orthogonal wave function, the model captures the nuance of real decision-making. And, it is not just elegant theory. It has been tested using actual market data with powerful results. Cross-Industry ApplicationsThis model has transformed thinking across fields:
A Cornerstone of Quantum EconomicsToday, as quantum economics emerges as a field, many researchers are turning to probabilistic and multi-agent models. Few realize that Radislav was a pioneering this territory nearly two decades ago, building on the earlier work of econophysics and behavioral economists such as Nobel laureate Richard Thaler. His work stands as one of the first comprehensive applications of quantum mathematics to economic behavior, forming a core intellectual lineage for what is now an expanding area of research and theory.Academic ContributionsPope Radislav has contributed to journals worldwide and authored the foundational textbook Practical Economics in an Ever-Changing World. Just a few key papers include:
Credentials and TrainingA behavioral scientist with academic training from Harvard, Georgia Tech, and the University of Kentucky, Pope Radislav combines a background in economics, physics, sustainability, public policy, medical science, and psychology. His perspective is at once quantitative and human-centered, designed for the real world, not just the theoretical one. STATO
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