Asymmetric Information and Quantization in Financial Economics
We show how a quantum formulation of financial economics can be derived from asymmetries with respect to Fisher information. Our approach leverages statistical derivations of quantum mechanics which provide a natural basis for interpreting quantum formulations of social sciences generally and of eco...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2012-01-01
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| Series: | International Journal of Mathematics and Mathematical Sciences |
| Online Access: | http://dx.doi.org/10.1155/2012/470293 |
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| _version_ | 1832552005892046848 |
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| author | Raymond J. Hawkins B. Roy Frieden |
| author_facet | Raymond J. Hawkins B. Roy Frieden |
| author_sort | Raymond J. Hawkins |
| collection | DOAJ |
| description | We show how a quantum formulation of financial economics can be derived from asymmetries with respect to Fisher information. Our approach leverages statistical derivations of quantum mechanics which provide a natural basis for interpreting quantum formulations of social sciences generally and of economics in particular. We illustrate the utility of this approach by deriving arbitrage-free derivative-security dynamics. |
| format | Article |
| id | doaj-art-43498d014eaa43d89da30880eeb77402 |
| institution | Kabale University |
| issn | 0161-1712 1687-0425 |
| language | English |
| publishDate | 2012-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | International Journal of Mathematics and Mathematical Sciences |
| spelling | doaj-art-43498d014eaa43d89da30880eeb774022025-02-03T05:59:43ZengWileyInternational Journal of Mathematics and Mathematical Sciences0161-17121687-04252012-01-01201210.1155/2012/470293470293Asymmetric Information and Quantization in Financial EconomicsRaymond J. Hawkins0B. Roy Frieden1College of Optical Sciences, The University of Arizona, Tucson, AZ 85721, USACollege of Optical Sciences, The University of Arizona, Tucson, AZ 85721, USAWe show how a quantum formulation of financial economics can be derived from asymmetries with respect to Fisher information. Our approach leverages statistical derivations of quantum mechanics which provide a natural basis for interpreting quantum formulations of social sciences generally and of economics in particular. We illustrate the utility of this approach by deriving arbitrage-free derivative-security dynamics.http://dx.doi.org/10.1155/2012/470293 |
| spellingShingle | Raymond J. Hawkins B. Roy Frieden Asymmetric Information and Quantization in Financial Economics International Journal of Mathematics and Mathematical Sciences |
| title | Asymmetric Information and Quantization in Financial Economics |
| title_full | Asymmetric Information and Quantization in Financial Economics |
| title_fullStr | Asymmetric Information and Quantization in Financial Economics |
| title_full_unstemmed | Asymmetric Information and Quantization in Financial Economics |
| title_short | Asymmetric Information and Quantization in Financial Economics |
| title_sort | asymmetric information and quantization in financial economics |
| url | http://dx.doi.org/10.1155/2012/470293 |
| work_keys_str_mv | AT raymondjhawkins asymmetricinformationandquantizationinfinancialeconomics AT broyfrieden asymmetricinformationandquantizationinfinancialeconomics |