Quantum Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Economics write by David Orrell. This book was released on 2018-07-05. Quantum Economics available in PDF, EPUB and Kindle. A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that it has been trying to solve the wrong problem all along. Economics sees itself as the science of scarcity. Instead, it should be the science of money (which plays a surprisingly small role in mainstream theory). And money is a substance that turns out to have a quantum nature of its own. Just as physicists learn about matter by studying the exchange of particles at the subatomic level, so economics should begin by analysing the nature of money-based transactions. Quantum Economics therefore starts with the meaning of the phrase 'how much' – or, to use the Latin word, quantum. From quantum physics to the dualistic properties of money, via the emerging areas of quantum finance and quantum cognition, this profoundly important book reveals that quantum economics is to neoclassical economics what quantum physics is to classical physics – a genuine turning point in our understanding.
Quantum Economics and Finance: An Applied Mathematics Introduction
Quantum Economics and Finance: An Applied Mathematics Introduction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Economics and Finance: An Applied Mathematics Introduction write by David Orrell. This book was released on 2020-05-16. Quantum Economics and Finance: An Applied Mathematics Introduction available in PDF, EPUB and Kindle. Written in clear and accessible language, this book covers the essential mathematics behind economic and finance topics such as quantum cognition, option pricing, and quantum game theory, and delves into the nuts and bolts of quantum mechanics, the principles of quantum economic modelling, and the basics of quantum computer logic.
Quantum Economics and Finance
Quantum Economics and Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Economics and Finance write by David Orrell. This book was released on 2021-05-16. Quantum Economics and Finance available in PDF, EPUB and Kindle. The word "quantum" is from the Latin for "how much" and in this book mathematician David Orrell shows how it applies to the world of economic transactions. Written in clear and accessible language, the book covers the essential mathematics behind topics such as quantum cognition, option pricing, and quantum game theory, and delves into the nuts and bolts of quantum mechanics, the principles of quantum economic modelling, and the basics of quantum computation. On the way the reader will learn how quantum interference can be used to model cognitive dissonance, how a quantum walk goes further than a random walk, and how financial entanglement explains the rate of mortgage default. It is aimed at anyone who wants to understand the quantum ideas working their way into economics and finance, without getting drowned in wave equations. As interest in quantum computing grows, many companies from established banks to startups are looking at ways to perform financial simulations using quantum algorithms. But what if we should be using quantum models anyway - because the monetary system has quantum properties of its own, and because they work? The field is developing rapidly, and this second edition contains many updates including new material on quantum logic and quantum agent-based models, and a guest chapter from Ramy Aboushelbaya and Marko Mayr of Quantum Dice on quantum hardware. David Orrell is an applied mathematician with extensive experience in mathematical modelling, and the author of a dozen books on science and economics.
Quantum Field Theory for Economics and Finance
Quantum Field Theory for Economics and Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Field Theory for Economics and Finance write by B. E. Baaquie. This book was released on 2018-08-23. Quantum Field Theory for Economics and Finance available in PDF, EPUB and Kindle. This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.
Money, Magic, and How to Dismantle a Financial Bomb
Money, Magic, and How to Dismantle a Financial Bomb - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Money, Magic, and How to Dismantle a Financial Bomb write by David Orrell. This book was released on 2022-02-10. Money, Magic, and How to Dismantle a Financial Bomb available in PDF, EPUB and Kindle. Money has many apparently magical properties. It can be created out of the void - and vanish without so much as a puff of smoke. It can flash through space. It can grow without limit. And it can blow up without warning. David Orrell argues that the emerging discipline of quantum economics, of which he is at the forefront, is the key to shattering the illusions that prevent us from understanding money's true nature. In this colourful tour of the history, philosophy and mathematics of money, Orrell demonstrates how everything makes much more sense when we replace our classical economic models with ones based on quantum probability - and reveals the explosive reality of what is left once the illusions are stripped away.
