| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 974518 | Physica A: Statistical Mechanics and its Applications | 2010 | 10 Pages |
Abstract
We report on initial studies of a quantum field theory defined on a lattice with multi-ladder geometry and the dilation group as a local gauge symmetry. The model is relevant in the cross-disciplinary area of econophysics. A corresponding proposal by Ilinski aimed at gauge modeling in non-equilibrium pricing is implemented in a numerical simulation. We arrive at a probability distribution of relative gains which matches the high frequency historical data of the NASDAQ stock exchange index.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
B. Dupoyet, H.R. Fiebig, D.P. Musgrove,