کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
975753 933048 2007 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Quantum Bohmian model for financial market
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات فیزیک ریاضی
پیش نمایش صفحه اول مقاله
Quantum Bohmian model for financial market
چکیده انگلیسی

We apply methods of quantum mechanics for mathematical modeling of price dynamics at the financial market. The Hamiltonian formalism on the price/price-change phase space describes the classical-like evolution of prices. This classical dynamics of prices is determined by “hard” conditions (natural resources, industrial production, services and so on). These conditions are mathematically described by the classical financial potential V(q),V(q), where q=(q1,…,qn)q=(q1,…,qn) is the vector of prices of various shares. But the information exchange and market psychology play important (and sometimes determining) role in price dynamics. We propose to describe such behavioral financial factors by using the pilot wave (Bohmian) model of quantum mechanics. The theory of financial behavioral waves takes into account the market psychology. The real trajectories of prices are determined (through the financial analogue of the second Newton law) by two financial potentials: classical-like V(q)V(q) (“hard” market conditions) and quantum-like U(q)U(q) (behavioral market conditions).

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Physica A: Statistical Mechanics and its Applications - Volume 374, Issue 1, 15 January 2007, Pages 304–314
نویسندگان
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