Related papers: Relativistic Quantum Finance
A novel perspective on relativistic transformation recently-proposed provides an insight into the very meaning of the principle of relativity. With this novel perspective and Bell's theorem, we argue that special relativity, instead of…
A one-dimensional Klein-Gordon problem, which is a physical model for a quantum particle submitted to a potential barrier, is studied numerically : using a variational formulation and a Newmark numerical method, we compute the mean position…
Using effective field theory techniques, we compute quantum corrections to spherically symmetric solutions of Einstein's gravity and focus in particular on the Schwarzschild black hole. Quantum modifications are covariantly encoded in a…
A system of interacting atoms is represented as an union of two subsystems, one of which is the system of atoms, and the other is an auxiliary scalar covariant field, which is equivalent to a given static interatomic potential of general…
We prove weighted $L^2$ estimates for the Klein-Gordon equation perturbed with singular potentials such as the inverse-square potential. We then deduce the well-posedness of the Cauchy problem for this equation with small perturbations, and…
A class of decoherence schemes is described for implementing the principles of generalized quantum theory in reparametrization-invariant `hyperbolic' models such as minisuperspace quantum cosmology. The connection with sum-over-histories…
The Loewner equation, in its stochastic incarnation introduced by Schramm, is an insightful method for the description of critical random curves and interfaces in two-dimensional statistical mechanics. Two features are crucial, namely…
Following Boukai (2021) we present the Generalized Gamma (GG) distribution as a possible RND for modeling European options prices under Heston's (1993) stochastic volatility (SV) model. This distribution is seen as especially useful in…
It is proposed that the event horizon of a black hole is a quantum phase transition of the vacuum of space-time analogous to the liquid-vapor critical point of a bose fluid. The equations of classical general relativity remain valid…
We consider the asymptotic behavior of solutions to the Cauchy problem for the defocusing nonlinear Klein-Gordon equation (NLKG) with exponential nonlinearity in the one spatial dimension with data in the energy space $H^1(\mathbb{R})…
Closed form option pricing formulae explaining skew and smile are obtained within a parsimonious non-Gaussian framework. We extend the non-Gaussian option pricing model of L. Borland (Quantitative Finance, {\bf 2}, 415-431, 2002) to include…
The studied model was suggested to design a perfect hedging strategy for a large trader. In this case the implementation of a hedging strategy affects the price of the underlying security. The feedback-effect leads to a nonlinear version of…
The application of the Cauchy distribution has often been discussed as a potential model of the financial markets. In particular the way in which single extreme, or "Black Swan", events can impact long term historical moments, is often…
We consider two variants of a quantum-statistical generalization of the Cramer-Rao inequality that establishes an invariant lower bound on the mean square error of a generalized quantum measurement. The proposed complex variant of this…
In this paper, we consider the Cauchy problem for Klein-Gordon equation with a cubic convolution nonlinearity in $\R^3$. By making use of Bourgain's method in conjunction with a precise Strichartz estimate of S.Klainerman and D.Tataru, we…
We argue that a conformally invariant extension of general relativity coupled to the Standard Model is the fundamental theory that needs to be quantized. We show that it can be treated by loop quantum gravity techniques. Through a gauge…
We study a variant of the Cont-Bouchaud model which utilizes the perco lation approach of multi-agent simulations of the stock market fluctuations. Here, instead of considering the relative price change as the difference of the total demand…
We analyze complexity of financial (and general economic) processes by comparing classical and quantum-like models for randomness. Our analysis implies that it might be that a quantum-like probabilistic description is more natural for…
Modifications to general relativity lead to effects in the spectrum of quasi-normal modes of black holes. In this paper, we develop a parametrized formalism to describe deviations from general relativity in the Teukolsky equation, which…
In this paper, we consider the propagation of waves in the space-time of a single black hole with a static Schwarzschild radius in the expanding universe, namely, the solutions of the linear and semilinear Klein-Gordon equations.