Quantum Economics and Finance: An Applied Mathematics Introduction - Brossura

Orrell, David

Brossura

ISBN 10: 1916081614 ISBN 13: 9781916081611

Casa editrice: Panda Ohana Publishing, 2020

Riassunto

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. 

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. 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. 

The book 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? 

David Orrell is an applied mathematician with extensive experience in mathematical modelling, and the author of a dozen books on science and economics.  

Chapter list:

INTRODUCTION 

CHAPTER 1: WHY QUANTUM? 

CHAPTER 2: SOME BASICS 

CHAPTER 3: QUANTUM UTILITY 

CHAPTER 4: MENTAL INTERFERENCE 

CHAPTER 5: THE QUANTUM WALK 

CHAPTER 6: OPTION PRICING 

CHAPTER 7: QUANTUM GAMES 

CHAPTER 8: QUANTUM OSCILLATIONS

CHAPTER 9: PROBABILISTIC SUPPLY AND DEMAND 

CHAPTER 10: QUANTIZED SUPPLY AND DEMAND

CHAPTER 11: THE QUANTUM MARKET 

CHAPTER 12: ENTANGLEMENTS 

CHAPTER 13: BUILDING QUANTUM MODELS 

CHAPTER 14: CONCLUSIONS 

APPENDIX: QUANTUM GATES 

Su questo libro

Informazioni sull?autore

David Orrell studied mathematics at the University of Alberta and obtained his D.Phil. from Oxford University. His books, published in 20 countries, include Apollo's Arrow: The Science of Prediction and the Future of Everything (HarperCollins 2007), Truth or Beauty: Science and the Quest for Order (Yale University Press 2012), The Evolution of Money (with Roman Chlupatý) (Columbia University Press 2016), The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets (with Paul Wilmott) (Wiley 2017), and Quantum Economics: The New Science of Money (Icon 2018). He has also published scientific articles on topics including applied mathematics, superconducting magnet design, weather prediction, computational biology, pharmacology, forecasting and economics.

Dettagli dell?edizione

• Editore: Panda Ohana Publishing
• Data di pubblicazione: 2020
• Lingua: Inglese
• ISBN 10: 1916081614
• ISBN 13: 9781916081611
• Rilegatura: Copertina flessibile
• Numero di pagine: 249
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile