In the "standard presentation" of QM, the degrees of freedom corresponding to the measuring device do not appear in the formalism at all. We have a Hilbert space corresponding to the quantum object, but the measuring device is something which "selects", according to the probabilistic rules, "projections" (normalized back to unity) into orthogonal subspaces. In brief: the measuring device and quantum object are not on the same "footing" in the theory ... at least with regard to the "standard presentation".
From another angle, this "schism" presents itself in the form of two types of "evolutionary" processes: (i)
unitary evolution of the object state-vector in the
absence of any "measurements"; (ii)
reduction of the object state-vector in the
presence of a "measurement".
Here are two distinct approaches towards a resolution of the problem, found at "opposite" ends of the "spectrum":
(1) Say that the above "schism" is merely an "accident" of the presentation. By a suitable "reformatting" of the presentation, one can arrive at a consistent account of the measuring process in which the measuring device and quantum object are represented on the same "footing".
(2) Say that the above "schism" is already "built" into the formalism. In order arrive at a consistent account of the measuring process, one must discover a new theory T for which the "standard presentation" of QM is a "special" or "limiting" case.
According to the point of view afforded by (1), one - at least initially - has the expectation that "reduction" of the object state-vector has an equivalent representation as "unitary evolution" on a "larger" Hilbert space (which incorporates the measuring device) followed by a "tracing-out" of the non-object degrees of freedom. This expectation, in its most simple formulation, however, turns out to be a mathematical impossibility.
One might then consider settling for the lesser expectation of specifying a unitary evolution (again) on a larger Hilbert space followed (again) by a "partial tracing-out", now, for which the overall effect is to map the "restricted" state |psi><psi| of the quantum object alone to a mixed state
Sigma_i { p
i |a
i><a
i| }
in the object Hilbert space, where the |a
i> are the eigenvectors of the measured observable (assumed, for simplicity, to have a nondegenerate (discrete) spectrum) and p
i = |<a
i|psi>|
2. The problem here, however, is that the quantum object is in a state described by an "improper" mixture.
Continuing along this branch, with a more careful analysis, one includes "pointer" states of the apparatus into picture, and through unitary evolution gets the required correlations between object and pointer, but is still at loss for "reduction" of the joint object-pointer system ... and one is right back a "square one" again.
I have heard about the inclusion of "environment" degrees of freedom into the picture, and so called "quantum decoherence", … but I don't see how this can give anything but an "improper" mixture.
There are many, many other approaches within the context of (1) above, all of which (at least, to my knowledge) fail to give an acceptable account.
Regarding the point of view afforded by (2), all versions of a "new" theory T that I have come across are no more that "extensions" of QM, introducing
nonlinear and/or
stochastic elements into the Schrödinger equation. If you want to feast your eyes on one such prospect (just for the
fun of it), then here:
Stochastic extensions of the Schrödinger equation have attracted attention recently as plausible models for state reduction in quantum mechanics. Here we formulate a general approach to stochastic Schrödinger dynamics in the case of a nonlinear state space of the type proposed by Kibble. We derive a number of new identities for observables in the nonlinear theory, and establish general criteria on the curvature of the state space sufficient to ensure collapse of the wave function.
http://theory.ic.ac.uk/~brody/DCB/dcb24.pdf
... I haven't seen or heard of any sort of theory T which
completely abandons the QM formalism and opts for something which would only give QM back after the non-object degrees of freedom are properly "averaged-over". (Just how a Hilbert space, in this way, can "pop" out of something that bears no resemblance to one at all remains to be understood.)