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Modern approaches to stock pricing in quantitative finance are typically founded on the 'Black-Scholes model' and the underlying 'random walk hypothesis'. Empirical data indicate that this hypothesis works well in stable situations but, in…

General Finance · Quantitative Finance 2013-01-08 Diederik Aerts , Bart D'Hooghe , Sandro Sozzo

Many studies assume stock prices follow a random process known as geometric Brownian motion. Although approximately correct, this model fails to explain the frequent occurrence of extreme price movements, such as stock market crashes. Using…

Statistical Finance · Quantitative Finance 2015-05-14 Miguel A. Fuentes , Austin Gerig , Javier Vicente

We construct a model where cosmological perturbations are analytically solved based on dilatonic brane worlds. A bulk scalar field has an exponential potential in the bulk and an exponential coupling to the brane tension. The bulk scalar…

High Energy Physics - Theory · Physics 2009-11-10 Kazuya Koyama , Keitaro Takahashi

It is believed by the majority today that the efficient market hypothesis is imperfect because of market irrationality. Using the physical concepts and mathematical structures of quantum mechanics, we construct an econophysics framework for…

General Finance · Quantitative Finance 2016-03-22 Xiangyi Meng , Jian-Wei Zhang , Hong Guo

A simple five-dimensional brane world model is proposed, motivated by M-theory compactified on a six-dimensional manifold of small radius and an $S^1/Z_2$ of large radius. We include a leading-order higher curvature correction to the…

High Energy Physics - Theory · Physics 2009-11-07 Shinji Mukohyama

We construct a broad family of exact solutions to the five-dimensional Einstein equations coupled to a scalar field with an exponential potential. Embedding a three-brane in these bulk space-times in a particular way we obtain a class of…

High Energy Physics - Theory · Physics 2009-11-07 A. Feinstein , K. E. Kunze , M. A. Vazquez-Mozo

In this paper, we propose an approach to derive the brane cosmology in the $D$-dimensional braneworld model. We generalize the "bulk-based" approach by treating the 4-brane as a small perturbation to the $D$-dimensional spherically…

High Energy Physics - Theory · Physics 2024-07-29 Zi-Chao Lin , Hao Yu , Yungui Gong

We consider a brane world scenario in which the bulk action is assumed to have the form of a generic function of the Ricci scalar $f(\mathcal{R})$ and derive the resulting Einstein field equations on the brane. In a constant curvature bulk…

General Relativity and Quantum Cosmology · Physics 2024-11-18 A. Borzou , H. R. Sepangi , S. Shahidi , R. Yousefi

Introducing $f(\mathcal{R})$ term in the five-dimensional bulk action we derive effective Einstein's equation on the brane using Gauss-Codazzi equation. This effective equation is then solved for different conditions on dark radiation and…

General Relativity and Quantum Cosmology · Physics 2015-01-16 Sumanta Chakraborty , Soumitra SenGupta

We derive and solve the full set of scalar perturbation equations for a class of five-dimensional brane--world solutions, with a dilaton scalar field coupled to the bulk cosmological constant and to a 3-brane. The spectrum contains one…

High Energy Physics - Theory · Physics 2007-05-23 V. Bozza , M. Gasperini , G. Veneziano

The general solution of Einstein's gravity equation in $D$ dimensions for an anisotropic and spherically symmetric matter distribution is calculated in a bulk with position dependent cosmological constant. Results for $n$ concentric…

General Relativity and Quantum Cosmology · Physics 2013-03-01 I. C. Jardim , R. R. Landim , G. Alencar , R. N. Costa Filho

We construct a model for dilatonic brane worlds with constant curvature on the brane, i.e. a non-zero four-dimensional cosmological constant, given in function of the dilaton coupling and the cosmological constant of the bulk. We compare…

High Energy Physics - Theory · Physics 2010-04-06 Natxo Alonso-Alberca , Bert Janssen , Pedro J. Silva

We consider a generic market model with a single stock and with random volatility. We assume that there is a number of tradable options for that stock with different strike prices. The paper states the problem of finding a pricing rule that…

Probability · Mathematics 2008-12-02 Nikolai Dokuchaev

We investigate the behavior of stocks in daily price-limited stock markets by purposing a quantum spatial-periodic harmonic model. The stock price is presumed to oscillate and damp in a quantum spatial-periodic harmonic oscillator potential…

General Finance · Quantitative Finance 2016-03-01 Xiangyi Meng , Jian-Wei Zhang , Jingjing Xu , Hong Guo

In a recent paper we showed how Starobinsky-like inflation could emerge from dilaton dynamics in brane cosmology scenarios based on string theory, in which our universe is represented as a three-brane and the effective potential acquires a…

High Energy Physics - Theory · Physics 2015-06-19 John Ellis , Nick E. Mavromatos , Dimitri V. Nanopoulos

New theoretical approaches about forecasting stock markets are proposed. A mathematization of the stock market in terms of arithmetical relations is given, where some simple (non-differential, non-fractal) expressions are also suggested as…

Physics and Society · Physics 2008-12-10 Caglar Tuncay

We pursue the quantum-mechanical challenge to the efficient market hypothesis for the stock market by employing the quantum Brownian motion model. We utilize the quantum Caldeira-Leggett master equation as a possible phenomenological model…

General Finance · Quantitative Finance 2019-01-31 Jasmina Jeknić-Dugić , Sonja Radi\' c , Igor Petrović , Momir Arsenijević , Miroljub Dugić

We investigate the existence of brane solutions in braneworld scenarios described by real scalar field in the presence of modified $f(R)$ gravity with a single extra dimension. In the case of constant curvature, we obtain first-order…

High Energy Physics - Theory · Physics 2008-11-26 V. I. Afonso , D. Bazeia , R. Menezes , A. Yu. Petrov

In this paper we study brane-world scenarios with a bulk scalar field, using a covariant formalism to obtain a 4D Einstein equation via projection onto the brane. We discuss, in detail, the effects of the bulk on the brane and how the…

High Energy Physics - Theory · Physics 2008-11-26 A. Mennim , R. A. Battye

We discuss a calculable version of brane inflation, in which a set of parallel D-brane and anti-D-brane worlds, initially displaced in extra dimension, slowly attract each other. In the effective four-dimensional theory this slow motion of…

High Energy Physics - Theory · Physics 2007-05-23 G. Dvali , Q. Shafi , S. Solganik
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