A variable behaving as a quantum in economic system
Year: 2020
Type: conference-paper
Abstract: A variable behaving as a quantum in economic system is studied on the basis of quantum mechanics. The several formulas of relevant variable are derived along with this speculation. Thus a possible value for the common constant which may be understood as Planck constant in economic system is calculated. There, a concerned variable seems to exhibit a quantum behavior.Recently it has been pointed out that there might be a similarity between the rational expectation hypothesis in economics and quantum mechanics, where their observers are both in respective systems. Nevertheless, on the other hand, the principle of uncertainty in economics has not yet been discovered so far. Therefore we will study on this problem by starting to formulate the basic equations respective which correspond to quantum mechanics. Here we pursue solely a behavior of certain representative variable with which an important econophysical quantity is newly introduced, and then discuss about Planck constant in economic system.
Source: HAL
Author: Kitazawa, Kazuyoshi
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4287637147