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Quantum-like microeconomics: Statistical model of distribution of investments and production
- Source :
-
Physica A . Oct2008, Vol. 387 Issue 23, p5826-5843. 18p. - Publication Year :
- 2008
-
Abstract
- Abstract: In this paper we demonstrate that the probabilistic quantum-like (QL) behavior–the Born’s rule, interference of probabilities, violation of Bell’s inequality, representation of variables by in general noncommutative self-adjoint operators, Schrödinger’s dynamics–can be exhibited not only by processes in the micro world, but also in economics. In our approach the QL-behavior is induced not by properties of systems. Here systems (commodities) are macroscopic. They could not be superpositions of two different states. In our approach the QL-behavior of economical statistics is a consequence of the organization of the process of production as well as investments. In particular, Hamiltonian (“financial energy”) is determined by rate of return. [Copyright &y& Elsevier]
- Subjects :
- *QUANTUM theory
*MICROECONOMICS
*CAPITAL investments
*STATISTICS
Subjects
Details
- Language :
- English
- ISSN :
- 03784371
- Volume :
- 387
- Issue :
- 23
- Database :
- Academic Search Index
- Journal :
- Physica A
- Publication Type :
- Academic Journal
- Accession number :
- 33630999
- Full Text :
- https://doi.org/10.1016/j.physa.2008.06.037