Quantum Modelling of Economic and Financial Systems
This concise and self-contained book opens completely novel areas of research by directly implementing concepts from quantum physics into areas of social science. It constructs compelling arguments originating from fundamental concepts in physics and the philosophy of science, including key developments in economics and finance, then surveys the important work which has been performed to date through applying the formalism of quantum mechanics to decision making and finance. The book is accessible to graduate students and researchers in social science and physics, as well as avid interdisciplinary readers. This title is part of the Flip it Open Programme and may also be available Open Access. Check our website Cambridge Core for details.
- Creates a new domain of applications where physics can be actively applied to a variety of social science problems
- Provides for step-by-step construction of arguments, accessible to graduate students and researchers in social science and physics, that demonstrate that the mapping exercise between quantum mechanics and social science is feasible
- The mapping exercise is carefully explained in the book and can be used in a multiplicity of applications
Product details
- Published: January 2026
- Format: Hardback
- ISBN: 9781108844666
- Length: 232 pages
- Dimensions: 244 × 170 × 14 mm
- Weight: 0.585kg
- Availability: Available
Table of Contents
- Part I. Introduction and Background:
- 1. Underpinnings of Interdisciplinary Inquiry
- 2. Elements of Classical and Quantum Mechanics
- 3. Elements of Economics
- 4. Some Selected Financial Models n
- Part II. Quantum-like Modelling:
- 5. Quantum-like Modelling in Economics
- 6. Bohmian Mechanics and Finance
- 7. Other Quantum-Like Models in Finance
- Part III. Quantum Physics-like Modelling:
- 8. Motivations and Foundations
- 9. Single-Particle Systems vs. Agents – I
- 10. Single-Particle Systems vs. Agents –II
- 11. Simulations and Interpretations
- 12. Future Directions.
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