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Potential Functions and the Characterization of Economics-Based Information

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journal contribution
posted on 22.07.2015, 11:36 by Emmanuel Haven
The formulation of quantum mechanics as a diffusion process by Nelson (Phys Rev 150:1079–1085, 1966) provides for an interesting approach on how we may transit from classical mechanics into quantum mechanics. Besides the presence of the real potential function, another type of potential function (often denoted as ‘quantum potential’) forms an intrinsic part of this theory. In this paper we attempt to show how both types of potential functions can have a use in a resolutely macroscopic context like financial asset pricing. We are particularly interested in uncovering how the ‘quantum potential’ can add to the economics-based relevant information which is already supplied by the real potential function.

Funding

The author gratefully acknowledges the study leave support received from the University of Leicester.

History

Citation

Foundations of Physics, July 2015

Author affiliation

/Organisation/COLLEGE OF SOCIAL SCIENCE/School of Management

Version

AM (Accepted Manuscript)

Published in

Foundations of Physics

Publisher

Springer Verlag (Germany)

issn

0015-9018

eissn

1572-9516

Acceptance date

17/06/2015

Copyright date

1007

Available date

04/07/2016

Publisher version

http://link.springer.com/article/10.1007/s10701-015-9931-4

Language

en

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