Related papers: Physics of Finance
I derive the stochastic equation for the perturbations of the metric for a gauge - invariant energy - momemtum - tensor (EMT) in stochastic inflation. A quantization for the field that describes the gauge - invariant perturbations for the…
In this paper, we discuss the gravitational waves in the context of gauge theory gravity with a negative cosmological constant. The gauge theory gravity is a gravity theory under gauge formulation in the language of geometric algebra. In…
The standard formulation of gauge theories results from the Lagrangian (functional integral) quantization of classical gauge theories. A more intrinsic qunantum theoretical access in the spirit of Wigner's representation theory shows that…
In gauge theories the presence of constraints can obstruct expressing the global Hilbert space as a tensor product of the Hilbert spaces corresponding to degrees of freedom localized in complementary regions. In algebraic terms, this is due…
This paper studies arbitrage pricing theory in financial markets with implicit transaction costs. We extend the existing theory to include the more realistic possibility that the price at which the investors trade is dependent on the traded…
It is shown that gauge theories are most naturally studied via a polar decomposition of the field variable. Gauge transformations may be viewed as those that leave the density invariant but change the phase variable by additive amounts. The…
An iterative Noether scheme, advocated by Deser, is used to introduce gauge invariant couplings to nonrelativistic matter with global symmetries related to usual charge conservation and dipole conservation recently discussed in fractonic…
The Lattice Gauge Theory Hilbert space is divided into gauge-invariant sectors selected by the background charges. Such a projector can be directly embedded in a tensor network ansatz for gauge-invariant states as originally discussed in…
The gauge field theories are usually quantized by fixing gauge. In this paper, we propose a new formalism that quantizes gauge fields without gauge fixing but naturally follows canonical formalism. New physical implications will follow.
This paper develops a comprehensive theoretical framework that imports concepts from stochastic thermodynamics to model price impact and characterize the feasibility of round-trip arbitrage in financial markets. A trading cycle is treated…
In this note we present a operator formulation of gauge theories in a quantum phase space which is specified by a operator algebra. For simplicity we work with the Heisenberg algebra. We introduce the notion of the derivative (transport)…
We consider the covariant gauge field theory of fractons, which describe a new type of quasiparticles exhibiting novel and nontrivial properties. In particular, we focus on the field theoretical peculiarities which characterize this theory,…
We give a short outline, in Sec.\ 2, of the historical development of the gauge idea as applied to internal ($U(1),\, SU(2),\dots$) and external ($R^4,\,SO(1,3),\dots$) symmetries and stress the fundamental importance of the corresponding…
In a recent formulation of a quantum field theory of forward rates, the volatility of the forward rates was taken to be deterministic. The field theory of the forward rates is generalized to the case of stochastic volatility. Two cases are…
Class lecture notes at a beginning graduate level on the mathematical background needed to understand classical gauge theory. Covers group actions, fiber bundles, principal bundles, connections, gauge transformations, parallel transport,…
In this paper we question the status of TEGR, the Teleparallel Equivalent of General Relativity,as a gauge theory of translations. We observe that TEGR (in its usual translation-gauge view) does not seem to realize the generally admitted…
Frames normal for linear connections in vector bundles are defined and studied. In particular, such frames exist at every fixed point and/or along injective path. Inertial frames for gauge fields are introduced and on this ground the…
In the recently introduced gauge theory of translations, dubbed Coincident General Relativity, gravity is described with neither torsion nor curvature in the spacetime affine geometry. The action of the theory enjoys an enhanced symmetry…
Teleparallel Gravity is a gauge theory where gravity is a manifestation of the torsion of space-time and its success relies on being a possible solution to some problems of General Relativity. In this essay we introduce the construction of…
A specific choice of gauge is shown to imply a decoupling between the tensor and scalar components of Gravitational Radiation in the context of Brans-Dicke type theories of gravitation. The comparison of the predictions of these theories…