A quantum model for the stock market
arXiv:1009.4843 · doi:10.1016/j.physa.2010.09.008
Abstract
Beginning with several basic hypotheses of quantum mechanics, we give a new quantum model in econophysics. In this model, we define wave functions and operators of the stock market to establish the Schrödinger equation for the stock price. Based on this theoretical framework, an example of a driven infinite quantum well is considered, in which we use a cosine distribution to simulate the state of stock price in equilibrium. After adding an external field into the Hamiltonian to analytically calculate the wave function, the distribution and the average value of the rate of return are shown.
Final accepted version by Physica A. 13 pages and 3 figures
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