Emergent quantum mechanics of finances

DOI10.1016/J.PHYSA.2014.02.037MaRDI QIDQ1782732zbMATH OpenOpenAlexFDO

Authors Vadim A. Nastasiuk

Publication date 20 September 2018

Published in Physica A (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1312.3247

zbMATH Keywords

econophysicsfinancial marketsfractalsSchrödinger equationstatistical scaling

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80)

Abstract: This paper is an attempt at understanding the quantum-like dynamics of financial markets in terms of non-differentiable price-time continuum having fractal properties. The main steps of this development are the statistical scaling, the non-differentiability hypothesis, and the equations of motion entailed by this hypothesis. From perspective of the proposed theory the dynamics of S&P500 index are analyzed.

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Cited in

(13)

• Trading by quantum rules: quantum anthropic principle
• From quantum mechanics to finance: microfoundations for jumps, spikes and high volatility phases in diffusion price processes
• Quantum coupled-wave theory of price formation in financial markets: price measurement, dynamics and ergodicity
• Fisher information and quantum potential well model for finance
• Financial modeling and quantum mathematics
• Ubiquitous Quantum Structure
• Interest Rates and Coupon Bonds in Quantum Finance
• Quantum financial economics -- risk and returns
• scientific article; zbMATH DE number 1926061 (Why is no real title available?)
• A quantum-like approach to the stock market
• Quantum prediction GJR model and its applications
• A perspective on quantum Fintech
• Quantum model for the price dynamics: The problem of smoothness of trajectories

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