Quantum Finance

Preprint OPEN
Martin Schaden (2002)
  • Related identifiers: doi: 10.1016/S0378-4371(02)01200-1
  • Subject: Condensed Matter | Physics - Data Analysis, Statistics and Probability | Physics - Physics and Society | Quantitative Finance - Statistical Finance

Quantum theory is used to model secondary financial markets. Contrary to stochastic descriptions, the formalism emphasizes the importance of trading in determining the value of a security. All possible realizations of investors holding securities and cash is taken as th... View more
  • References (8)

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