Advances Over Previous Interpretations
TIQM is explicitly non-local and, as a consequence, logically consistent with Counterfactual definiteness (CFD), the minimum realist assumption. As such it incorporates the non-locality demonstrated by the Bell test experiments and eliminates the observer dependent reality that plagues the Copenhagen Interpretation.
The key advance over Everett's Relative State Interpretation is to regard the conjugate state vector of the Dirac formalism as ontologically real, incorporating a part of the formalism that, prior to TIQM, had been interpretationally neglected. Having interpreted the conjugate state vector as an advanced wave, it is claimed that the origins of the Born rule follow naturally from the description of a transaction.
The transactional interpretation has similarities with the two-state vector formalism (TSVF) which has its origin in work by Yakir Aharonov, Peter Bergmann and Joel Lebowitz of 1964.
Read more about this topic: Transactional Interpretation
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