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This is one of the reasons why it is possible that a quantum option pricing model could be more accurate than a classical one. Belal E. Baaquie has published many papers on quantum finance and even written a book that brings many of them together. [3] [4] Core to Baaquie's research and others like Matacz are Richard Feynman's path integrals. [5]
Orrell is considered a leading proponent of quantum finance and quantum economics. [5] In The Evolution of Money [6] (coauthored with journalist Roman Chlupatý) and a series of articles [7] [8] [9] he proposed a quantum theory of money and value, which states that money has dualistic properties because it combines the properties of an owned and valued thing, with those of abstract number.
The editorial in the inaugural issue of the journal Quantum Economics and Finance says: "Quantum economics and finance is the application of probability based on projective geometry—also known as quantum probability—to modelling in economics and finance. It draws on related areas such as quantum cognition, quantum game theory, quantum ...
Quantum cryptography, which relies on the principles of quantum mechanics, offers the possibility of secure communication channels that are resistant to eavesdropping. Quantum key distribution (QKD) protocols, such as BB84, enable the secure exchange of cryptographic keys between parties, ensuring the confidentiality and integrity of communication.
Models and theories are related, so that an evolution in the perception of what a scientific theory is also chances the perception of what models are. [2] The concept of scientific theory has moved from the 'received view' - whereby a theory can be seen as an axiomatic system to be dealt with in the context of the discipline of logic, to a new conception of theory as framed in therms of ...
The book has also been suggested as a complement to simplified introductory books in quantum mechanics. [ 3 ] Experimental physicist and 2022 Nobel laureate in Physics Alain Aspect , has frequently mentioned that the book was a revelation early in his career, helping him better understand the research papers of quantum mechanics and the work of ...
Quantum social science is an emerging field of interdisciplinary research which draws parallels between quantum physics and the social sciences.Although there is no settled consensus on a single approach, [1] a unifying theme is that, while the social sciences have long modelled themselves on mechanistic science, they can learn much from quantum ideas such as complementarity and entanglement.
Eat the Rich (book) The Econocracy (book) The Economic Institutions of Capitalism; Economics (Aristotle) The Economics Anti-Textbook; Economics for the Many; The Economics of Imperfect Competition; Economy and Society; The Economy of Esteem; Economyths; Edge of Chaos (book) Educational Strategy for Developing Societies; Encyclopedia of Major ...