Related papers: Quantum-Theoretical Re-interpretation of Pricing T…
An expression of the Lindbladian form is proposed that ensures an unambiguous time-continuous reduction of the initial system-pointer wave-packet to one in which the readings and the observable's values are aligned, formalized as the…
The Heisenberg picture of the minisuperspace model is considered. The suggested quantization scheme interprets all the observables including the Universe scale factor as the (quasi)Heisenberg operators. The operators arise as a result of…
The focus of this work is a correspondence between the Hilbert space operators on one hand, and doubly periodic generalized functions on the other. The linear map that implements it, referred to as the Q-transform, enables a direct…
In this article we model a financial derivative price as an observable on the market state function. We apply geometric techniques to integrating the Heisenberg Equation of Motion. We illustrate how the non-commutative nature of the model…
We develop a quantum algorithm to price discretely monitored lookback options in the Black-Scholes framework using imaginary time evolution. By rewriting the pricing PDE as a Schrodinger-type equation, the problem becomes the imaginary time…
Traditional economic growth theories, grounded in deterministic and often linear frameworks, fail to adequately capture the inherent uncertainty, non-commutativity, and complex interdependencies of modern economies. This paper proposes a…
The basic notions of quantum mechanics are formulated in terms of separable infinite dimensional Hilbert space $\mathcal{H}$. In terms of the Hilbert lattice $\mathcal{L}$ of closed linear subspaces of $\mathcal{H}$ the notions of state and…
We develop a Heisenberg-picture \emph{kinematical} framework in which (i) time is treated as a quantum observable, admitting both a relational POVM construction for semibounded spectra and a fully self-adjoint realization on an enlarged…
The Marketron model, introduced by [Halperin, Itkin, 2025], describes price formation in inelastic markets as the nonlinear diffusion of a quasiparticle (the marketron) in a multidimensional space comprising the log-price $x$, a memory…
We propose that the constants of Nature we observe (which appear as parameters in the classical action) are quantum observables in a kinematical Hilbert space. When all of these observables commute, our proposal differs little from the…
We introduce a framework for implementing quantum operations as steady states of a subsystem in an extended Hilbert space. Each operation has a spectral criterion for reaching the steady state. This adds a `spectral switch' mechanism to the…
The Glauber model is reconsidered based on a quantum formulation of the Master equation. Unlike the conventional approach the temperature and the Ising energy are included from the beginning by introducing a Heisenberg-like picture of the…
The quantum-to-classical transition of inflationary perturbations remains an unresolved fundamental problem, and quantum decoherence is one of the promising solutions. By considering quantum perturbations during inflation as an open quantum…
Quantum phase estimation (QPE) and Lindbladian dynamics are both foundational in quantum information science and central to quantum algorithm design. In this work, we bridge these two concepts: certain simple Lindbladian processes can be…
A $(K+1)-$plet of non-Hermitian and time-dependent operators (say, $\Lambda_j(t)$, $j=0,1,\ldots,K$) can be interpreted as the set of observables characterizing a unitary quantum system. What is required is the existence of a self-adjoint…
In quantum mechanics (formulated, say, in Schr\"{o}dinger picture) only the knowledge of a complete set of observables $\Lambda_j$ enables us to declare the related physical inner product (i.e., the Hilbert-space metric $\Theta$ such that…
Let $M$ be a von Neumann algebra and let $(N_t)_{t\in[0,T]}$ be an increasing family of abelian von Neumann subalgebras encoding a (classical) information flow. Fix a faithful normal state $\varphi_\rho$ and a filtration of normal…
The final version of a new approach to quantum theory is formulated in this paper. The basis is taken to be theoretical variables, variables that may be accessible or inaccessible, i.e., it may be possible or impossible for an observer to…
We identify the effective theory describing inflationary super-Hubble scales and show it to be a special case of effective field theories appropriate to open systems. Open systems allow information to be exchanged between the degrees of…
We introduce a dynamical evolution operator for dealing with unstable physical process, such as scattering resonances, photon emission, decoherence and particle decay. With that aim, we use the formalism of rigged Hilbert space and…