Are Financial Markets an Aspect of Quantum World?
Writing the article “Time independent pricing of options in range bound markets” [1], the question in the title came naturally to my mind. It is stated, in the above article, that in certain market conditions the stock price is subjected to an equation that exactly matches a time independent Schro...
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| Format: | Article |
| Language: | English |
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Eastern Macedonia and Thrace Institute of Technology
2015-01-01
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| Series: | Journal of Engineering Science and Technology Review |
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| Online Access: | http://www.jestr.org/downloads/Volume8Issue1/fulltext78115.pdf |
| _version_ | 1818563183853436928 |
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| author | O. Racorean |
| author_facet | O. Racorean |
| author_sort | O. Racorean |
| collection | DOAJ |
| description | Writing the article “Time independent pricing of options in range bound markets” [1], the question in the title came
naturally to my mind. It is stated, in the above article, that in certain market conditions the stock price is subjected to an
equation that exactly matches a time independent Schrodinger equation. The time independent equation for options
valuation is used further to explain a stock market phenomenon that resembles an α particle decay tunneling effect. The
transmission coefficient for the stock price tunneling effect it is also deduced. Although, it may not have important impact
in quantum physics, the philosophical aspects residing in the use of quantum mechanics for stock market specific are very
important. |
| first_indexed | 2024-12-14T01:13:28Z |
| format | Article |
| id | doaj.art-0fbf16d206174cae893c4620783383d2 |
| institution | Directory Open Access Journal |
| issn | 1791-2377 1791-2377 |
| language | English |
| last_indexed | 2024-12-14T01:13:28Z |
| publishDate | 2015-01-01 |
| publisher | Eastern Macedonia and Thrace Institute of Technology |
| record_format | Article |
| series | Journal of Engineering Science and Technology Review |
| spelling | doaj.art-0fbf16d206174cae893c4620783383d22022-12-21T23:22:39ZengEastern Macedonia and Thrace Institute of TechnologyJournal of Engineering Science and Technology Review1791-23771791-23772015-01-01813033Are Financial Markets an Aspect of Quantum World?O. Racorean0Financial Research department, Ministry of Public Finance, State Treasury , Splaiul Unirii str., Bucharest, Romania.Writing the article “Time independent pricing of options in range bound markets” [1], the question in the title came naturally to my mind. It is stated, in the above article, that in certain market conditions the stock price is subjected to an equation that exactly matches a time independent Schrodinger equation. The time independent equation for options valuation is used further to explain a stock market phenomenon that resembles an α particle decay tunneling effect. The transmission coefficient for the stock price tunneling effect it is also deduced. Although, it may not have important impact in quantum physics, the philosophical aspects residing in the use of quantum mechanics for stock market specific are very important.http://www.jestr.org/downloads/Volume8Issue1/fulltext78115.pdfDiscrete dynamical system; Cournot duopoly games; Complex dynamics; Heterogeneous expectations; Box dimension ___________________________________________________________ |
| spellingShingle | O. Racorean Are Financial Markets an Aspect of Quantum World? Journal of Engineering Science and Technology Review Discrete dynamical system; Cournot duopoly games; Complex dynamics; Heterogeneous expectations; Box dimension ___________________________________________________________ |
| title | Are Financial Markets an Aspect of Quantum World? |
| title_full | Are Financial Markets an Aspect of Quantum World? |
| title_fullStr | Are Financial Markets an Aspect of Quantum World? |
| title_full_unstemmed | Are Financial Markets an Aspect of Quantum World? |
| title_short | Are Financial Markets an Aspect of Quantum World? |
| title_sort | are financial markets an aspect of quantum world |
| topic | Discrete dynamical system; Cournot duopoly games; Complex dynamics; Heterogeneous expectations; Box dimension ___________________________________________________________ |
| url | http://www.jestr.org/downloads/Volume8Issue1/fulltext78115.pdf |
| work_keys_str_mv | AT oracorean arefinancialmarketsanaspectofquantumworld |