Admissions Open 2024

Dr. Sudip Patra

Dr. Sudip Patra

Associate Professor

B.Sc. (Calcutta University);

M.B.A. (International Business & Management);

M.Sc.(Coventry University, UK);

Ph.D. (Glasgow University)

Associate Fellow, HEA, UK

: spatra@jgu.edu.in

Dr Sudip Patra’s research work lies in quantum-like modelling in cognitive science or particularly in decision theory, with applications in economics and other social sciences. Quantum-like modelling is a novel paradigm of interface between mathematical-philosophical foundations of quantum science (particularly information theory) and cognitive science. Quantum-like modelling is a novel framework of non-Boolean decision theory, which describes decision making at large (including AI) under ambiguity or ‘radical uncertainty’.  Dr Patra has been publishing in different peer reviewed journals, collaborating with pioneering scientists.

Recent Book publications

Ghose, P., & Patra, S. (2023). An Interdisciplinary Approach to Cognitive Modelling: A Framework Based on Philosophy and Modern Science (1st ed.). Routledge.  

Co-Edited book: https://link.springer.com/book/9783031388323

Recent Book chapter in: https://dkprintworld.com/product/quantum-and-consciousness-revisited/?utm_source=rss&utm_medium=rss&utm_campaign=quantum-and-consciousness-revisited

Dr Patra has been invited for talks at prestigious institutions, for eg, Chapman University, US, IIT Bombay, Aston University, UK, Chengmai University, Vietnam.

Teaching interests

Dr Patra provides Masters and PhD level courses in complexity economics, and foundational thinking for example ‘Unity of Knowledge’ which is a co-taught course at PhD level. UG courses include behavioral economics and allied topics.

PhD supervision

Three ongoing, as principal or co-supervisor. Areas include: quantum-like modelling in decision theory related to financial systems, complex adaptive systems in health policy making.

Research Profile: https://www.researchgate.net/profile/Sudip-Patra

Contact mail: spatra@jgu.edu.in

Econophysics and quantum like modelling in economic theory.
  1. Singh, Naresh, Patra, Sudip, Husain, S, Bhatnagar, D and Chandel, S (2023), Underexplored dimensions of uncertainty and risk in Human Development Policy Call for a new paradigm World Futures: The Journal of New Paradigm Research. Scopus
  2. BOOK: Ghose, P., & Patra, S. (2023). An Interdisciplinary Approach to Cognitive Modelling: A Framework Based on Philosophy and Modern Science (1st ed.). Routledge. https://doi.org/10.4324/9781003429913. Scopus
  3. Patra, Sudip, and Kafatos, Menas, (2024), Quantum-like reality, Quantum and Consciousness Revisited M. C. Kafatos, D. Banerji & D. C. Struppa (eds.) DK Publisher.
  4. BOOK: Chakrabarty, Anirban, Haven, Emmanuel, Patra Sudip, Singh Naresh, (eds), (2023) Quantum Decision Theory and Complexity Modelling in Economics and Public Policy, Springer Nature, New Economic Windows. Scopus
  5. Patra, S., Yeddanapudi, S. (2023). Quantum-Like Contextual Utility Framework Application in Economic Theory and Wider Implications. In: Chakraborti, A., Haven, E., Patra, S., Singh, N. (eds) Quantum Decision Theory and Complexity Modelling in Economics and Public Policy. New Economic Windows. Springer, Cham. https://doi.org/10.1007/978-3-031-38833-0_6 Scopus
  6. Ghose, P., Patra, S. (2023). Hilbert Space Modelling with Applications in Classical Optics, Human Cognition, and Game Theory. In: Chakraborti, A., Haven, E., Patra, S., Singh, N. (eds) Quantum Decision Theory and Complexity Modelling in Economics and Public Policy. New Economic Windows. Springer, Cham. https://doi.org/10.1007/978-3-031-38833-0_3 Scopus
  7. Rooney, D., Patra, S. (2023). Remodeling Leadership: Quantum Modeling of Wise Leadership. In: Chakraborti, A., Haven, E., Patra, S., Singh, N. (eds) Quantum Decision Theory and Complexity Modelling in Economics and Public Policy. New Economic Windows. Springer, Cham. https://doi.org/10.1007/978-3-031-38833-0_4 Scopus
  8. Smitsman Anneloes, Patra Sudip, and Laszlo, Alexander (2023, accepted), Complexity and Uncertainty in a World of Emergence-1, International Journal of Foresight and Innovation Policy. Scopus.
  9. Smitsman Anneloes, Laszlo, Alexander, and Patra, Sudip (2023, accepted), Applying Complexity for Creative Emergence-2, International Journal of Foresight and Innovation Policy.

Scopus

  1. Bhatnagar, Divya and  Patra, Sudip (upcoming in 2023): A Holistic view to approach sustainable development: Spiritual roots and evidence from quantum physics, in the book ‘Sustainable Development Policy and Applied Spirituality’, Emerald Publishing Ltd., Nov 2023. Scopus
  2. Polina Khrennikova, Sudip Patra, Asset trading under non-classical ambiguity and heterogeneous beliefs, Physica A: Statistical Mechanics and its Applications, Volume 521, 2019, Pages 562-577. Scopus
  3. Patra, S., Ghose, P. (2022). Classical Optical Modelling of Social Sciences in a Bohr–Kantian Framework. In: Sriboonchitta, S., Kreinovich, V., Yamaka, W. (eds) Credible Asset Allocation, Optimal Transport Methods, and Related Topics. TES 2022. Studies in Systems, Decision and Control, vol 429. Springer, Cham. https://doi.org/10.1007/978-3-030-97273-8_16 Scopus
  4. Kauffman, S.; Patra, S. A Testable Theory for the Emergence of the Classical World. Entropy202224, 844. https://doi.org/10.3390/e24060844 Scopus
  5. Yousef, I.Tanna, S.and Patra, S. (2021), “Testing dividend life-cycle theory in the Islamic and conventional banking sectors of GCC countries”, Journal of Islamic Accounting and Business Research, Vol. 12 No. 2, pp. 276-300. https://doi.org/10.1108/JIABR-04-2020-0115 Scopus
  6. Patra, Sudip (2019) : A quantum framework for economic science: New directions, Economics Discussion Papers, No. 2019-20, Kiel Institute for the World Economy (IfW), Kiel.
  7. Patra, S., Ghose, P. (2022). Classical Optical Modelling of the ‘Prisoner’s Dilemma’ Game. In: Sriboonchitta, S., Kreinovich, V., Yamaka, W. (eds) Credible Asset Allocation, Optimal Transport Methods, and Related Topics. TES 2022. Studies in Systems, Decision and Control, vol 429. Springer, Cham. https://doi.org/10.1007/978-3-030-97273-8_17 Scopus
  8. Patra, S.and Ghose, P. (2020), “Quantum-like modelling in game theory: Quo Vadis? A brief review”, Asian Journal of Economics and Banking, Vol. 4 No. 3, pp. 49-66. https://doi.org/10.1108/AJEB-08-2020-0054
  9. Yousef, S. Patra, S. Tanna, Chapter 4 – Signaling and Lifecycle Theories in the Banking Sectors of GCC Frontier Markets: An Empirical Assessment, Editor(s): P. Andrikopoulos, G.N. Gregoriou, V. Kallinterakis, Handbook of Frontier Markets, Academic Press, 2016, Pages 49-63 Scopus
  10. Patra, S., Ghose, P. Measurement, Lüders and von Neumann projections and non-locality. Pramana – J Phys96, 34 (2022). https://doi.org/10.1007/s12043-021-02278-8 Scopus
  11. Rooney, D. and Patra, S., 2022. Embracing weird: Quantum context and quantum social sciences. Mind and Matter, 20(2), pp.249-279. Scopus
  12. Patra, S. (2019). Agents’ Behaviour in Crisis: Can Quantum Decision Modelling Be a Better Answer?. In: Chakrabarti, G., Sen, C. (eds) The Globalization Conundrum—Dark Clouds behind the Silver Lining. Springer, Singapore. https://doi.org/10.1007/978-981-13-1727-9_8 Scopus
  13. Olasiuk, H. P., Bhasker, S., & Patra, S. (2020). Cash Dividends and Share Repurchases in Ukrainian Pharmaceutical Companies. GlobalBusiness Review0(0). https://doi.org/10.1177/0972150920950540 Scopus

BOOKS

  1. Ghose, P., & Patra, S. (2023). An interdisciplinary approach to cognitive modelling: a framework based on philosophy and modern science. Taylor & Francis.
  2. Chakraborti, A., Haven, E., Patra, S., & Singh, N. (Eds.). (2023). Quantum decision theory and complexity modelling in economics and public policy. Springer.

 Journal Articles and Book Chapters

  1. Singh, N., & Patra, S. (2024). Towards a convergence of contemplative and scientific methods for social sciences and public policy. In The Routledge Handbook of Research Methods in Spirituality and Contemplative Studies (pp. 391-400). Routledge.
  2. Kauffman, S., & Patra, S. (2024). Cosmos MIND and matter: Is mind in spacetime?. BioSystems, 243, 105262.
  3. Khrennikova, P., & Patra, S. (2019). Asset trading under non-classical ambiguity and heterogeneous beliefs. Physica A: Statistical Mechanics and its Applications, 521, 562-577.
  4. Patra, S., & Ghose, P. (2024). Modelling decision making uncertainty and contextuality. In Partial Identification in Econometrics and Related Topics (pp. 253-265). Cham: Springer Nature Switzerland.
  5. Olasiuk, H. P., Bhasker, S., & Patra, S. (2024). Cash dividends and share repurchases in Ukrainian pharmaceutical companies. Global Business Review, 25(2_suppl), S7-S22.
  6. Patra, S., & Kafatos, M. C. (2024). Quantum-like reality.
  7. Singh, N., Patra, S., Chandel, S., Bhatnagar, D., & Husain, S. (2024). Underexplored dimensions of uncertainty and risk in human development policy call for a new paradigm. World futures, 1-21.
  8. 648b50a3580ac.pdf (ippapublicpolicy.org) Conference paper IPPA, Toronto, 2023.
  9. Bhatnagar, D., & Patra, S. (2023). A Holistic View to Approach Sustainable Development: Spiritual Roots and Evidence From Quantum Physics. In Applied Spirituality and Sustainable Development Policy (pp. 149-166). Emerald Publishing Limited.
  10. Patra, S., & Yeddanapudi, S. (2023). Quantum-like contextual utility framework application in economic theory and wider implications. In Quantum Decision Theory and Complexity Modelling in Economics and Public Policy (pp. 103-125). Cham: Springer International Publishing.
  11. Ghose, P., & Patra, S. (2023). Hilbert space modelling with applications in classical optics, human cognition, and game theory. In Quantum Decision Theory and Complexity Modelling in Economics and Public Policy (pp. 25-42). Cham: Springer International Publishing.
  12. Rooney, D., & Patra, S. (2023). Remodeling leadership: Quantum modeling of wise leadership. In Quantum Decision Theory and Complexity Modelling in Economics and Public Policy (pp. 43-83). Cham: Springer International Publishing.
  13. Smitsman, A., Patra, S., & Laszlo, A. (2023). Complexity and uncertainty in a world of emergence part 1. International Journal of Foresight and Innovation Policy, 16(2-4), 354-373.
  14. Kauffman, S., & Patra, S. (2022). Human cognition surpasses the nonlocality tsirelson bound: Is mind outside of spacetime?. arXiv preprint arXiv:2301.12931.
  15. Rooney, D., & Patra, S. (2022). Embracing weird: Quantum context and quantum social sciences. Mind and Matter, 20(2), 249-279.
  16. Kauffman, S., & Patra, S. (2022). A testable theory for the emergence of the classical world. Entropy, 24(6), 844.
  17. Rajni, R., & Patra, S. (2022, March). Time series analysis of rainfall for the state of Odisha. In AIP Conference Proceedings (Vol. 2435, No. 1). AIP Publishing.
  18. Patra, S., & Ghose, P. (2022). Measurement, Lüders and von Neumann projections and non-locality. Pramana, 96(1), 34.
  19. Patra, S., & Ghose, P. (2022, January). Classical optical modelling of social sciences in a Bohr–Kantian framework. In International Conference of the Thailand Econometrics Society (pp. 221-244). Cham: Springer International Publishing.
  20. Patra, S., & Ghose, P. (2022, January). Classical optical modelling of the ‘prisoner’s dilemma’game. In International Conference of the Thailand Econometrics Society (pp. 245-260). Cham: Springer International Publishing.
  21. Patra, S., & Ghose, P. (2020). Quantum-like modelling in game theory: Quo Vadis? A brief review. Asian Journal of Economics and Banking, 4(3), 49-66.
  22. Yousef, I., Tanna, S., & Patra, S. (2021). Testing dividend life-cycle theory in the Islamic and conventional banking sectors of GCC countries. Journal of Islamic Accounting and Business Research, 12(2), 276-300.
  23. Patra, S. (2019). A Quantum framework for economic science: new directions. Economics Discussion Papers, No 2019-20. Kiel Institute for the World Economy.
  24. Patra, S. (2019). Essays in bank dividend signaling, smoothing and risk shifting under information asymmetry and agency conflict (Doctoral dissertation, University of Glasgow).
  25. Patra, S. (2019). Agents’ behavior in crisis: Can quantum decision modeling be a better answer?. The Globalization Conundrum—Dark Clouds behind the Silver Lining: Global Issues and Empirics, 137-156.
  26. Patra, S. (2019). A quantum framework for economic science: new directions (No. 2019-20). Economics Discussion Papers.
  27. Patra, S., & Dastidar, S. G. (2018). Finance and growth: Evidence from south Asia. Jindal Journal of Business Research, 7(1), 37-60.
  28. Yousef, I., Patra, S., & Tanna, S. (2016). Signaling and lifecycle theories in the banking sectors of GCC frontier markets: An empirical assessment. In Handbook of frontier markets (pp. 49-63). Academic Press.
  29. Patra, S. (2020). Quantum Finance: Using number operators in financial transaction models A proposed model set-up for CDS markets. Available at SSRN 3524896.
  30. Patra, S., Liu, F. H., & Cerrato, M. Impact of degree of opacity on bank dividend pay outs: does opacity level predict dividend pay outs? & does it enhance dividend smoothing? (Conference paper).