Related papers: Quantum Finance
We consider the space of probabilities {P(x)}, where the x are coordinates of a configuration space. Under the action of the translation group there is a natural metric over the space of parameters of the group given by the Fisher-Rao…
This paper introduces an agent-based artificial financial market in which heterogeneous agents trade one single asset through a realistic trading mechanism for price formation. Agents are initially endowed with a finite amount of cash and a…
An improved Hamiltonian constraint operator is introduced in loop quantum cosmology. Quantum dynamics of the spatially flat, isotropic model with a massless scalar field is then studied in detail using analytical and numerical methods. The…
One approach to the analysis of stochastic fluctuations in market prices is to model characteristics of investor behaviour and the complex interactions between market participants, with the aim of extracting consequences in the aggregate.…
Machine learning and quantum machine learning (QML) have gained significant importance, as they offer powerful tools for tackling complex computational problems across various domains. This work gives an extensive overview of QML uses in…
A system of quantum reasoning for a closed system is developed by treating non-relativistic quantum mechanics as a stochastic theory. The sample space corresponds to a decomposition, as a sum of orthogonal projectors, of the identity…
We discuss how minimal financial market models can be constructed by bridging the gap between two existing, but incomplete, market models: a model in which a population of virtual traders make decisions based on common global information…
In this paper we unveil some features of a discrete-time quantum walk on the line whose coin depends on the temporal variable. After considering the most general form of the unitary coin operator, we focus on the role played by the two…
Quantum computers can solve specific problems that are not feasible on "classical" hardware. Harvesting the speed-up provided by quantum computers therefore has the potential to change any industry which uses computation, including finance.…
We formulate quantum mechanics in spacetimes with real-order fractional geometry and more general factorizable measures. In spacetimes where coordinates and momenta span the whole real line, Heisenberg's principle is proven and the…
Quantum timeless approaches solve the problem of time by recovering the usual unitary evolution of quantum theory relative to a clock in a stationary quantum Universe. For some Hamiltonians of the Universe, such as those including an…
In a financial market, for agents with long investment horizons or at times of severe market stress, it is often changes in the asset price that act as the trigger for transactions or shifts in investment position. This suggests the use of…
This paper presents a realistic, stochastic, and local model that reproduces nonrelativistic quantum mechanics (QM) results without using its mathematical formulation. The proposed model only uses integer-valued quantities and operations on…
The need for a time-shift invariant formulation of quantum theory arises from fundamental symmetry principles as well as heuristic cosmological considerations. Such a description then leaves open the question of how to reconcile global…
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…
For a general quantum theory that is describable by a path integral formalism, we construct a mathematical model of the universe as a sample point of an accumulative stochastic process. The model give predictions that are nearly identical…
{\em Quantum Fourier analysis} is a new subject that combines an algebraic Fourier transform (pictorial in the case of subfactor theory) with analytic estimates. This provides interesting tools to investigate phenomena such as quantum…
There has been no lack of coverage in the past few years in scientific journals of the topic of quantum computation. Rightly so, as this is a novel idea with--so far--at least one very important practical application (prime factorisation)…
We study classical Hamiltonian systems in which the intrinsic proper time evolution parameter is related through a probability distribution to the physical time, which is assumed to be discrete. In this way, a physical clock with discrete…
The practical use of non-Hermitian (i.e., typically, PT-symmetric) phenomenological quantum Hamiltonians is discussed as requiring an explicit reconstruction of the {\em ad hoc} Hilbert-space metrics which would render the time-evolution…