Title of article :
Emergent quantum mechanics of finances
Author/Authors :
Nastasiuk، نويسنده , , Vadim A.، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2014
Abstract :
This paper is an attempt at understanding the quantum-like dynamics of financial markets in terms of non-differentiable price–time continuum having fractal properties. The main steps of this development are the statistical scaling, the non-differentiability hypothesis, and the equations of motion entailed by this hypothesis. From perspective of the proposed theory the dynamics of S&P500 index are analyzed.
Keywords :
Fractals , Schrِdinger equation , Econophysics , Financial markets , Statistical scaling
Journal title :
Physica A Statistical Mechanics and its Applications
Journal title :
Physica A Statistical Mechanics and its Applications