A quantum framework for economic science: New directions

Arbeitspapier

The current paper explores the cutting-edge applications of quantum field theory and quantum information theory modelling in different areas of economic science, namely, in the behavioural modelling of agents under market uncertainty, and mathematical modelling of asset or option prices and firm theory. The paper then provides a brief discussion into a possible extension of the extant literature of quantum-like modelling based on scattering theory and statistical field theory. A statistical theory of firm based on Feynman path integral technique is also proposed very recently. The collage of new initiatives as described in the current paper will hopefully ignite still newer ideas.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Economics Discussion Papers ; No. 2019-20

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Mathematical and Quantitative Methods: General ; Mathematical Methods ; Methodological Issues: General ; Market Structure, Pricing, and Design: General ; Information, Knowledge, and Uncertainty: General ; Asset Pricing; Trading Volume; Bond Interest Rates
• Thema: quantum like modelling ; contextuality ; QFT (quantum field theory) ; self-adjoint operators ; uncertainty ; epistemic ; ontic

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Patra, Sudip
• Ereignis: Veröffentlichung
• (wer): Kiel Institute for the World Economy (IfW)
• (wo): Kiel
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/194872
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ