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Quantum economics

Index Quantum economics

Quantum economics is an emerging research field which applies methods and ideas from quantum physics to the field of economics. [1]

24 relations: Alexander Wendt, Arbitrage, Asghar Qadir, Behavioral economics, Classical logic, Classical physics, David Orrell, Economics, Efficient-market hypothesis, Expected utility hypothesis, George Soros, Hilbert space, Martin Shubik, Neoclassical economics, News Weekly, Option (finance), Preference (economics), Probability theory, Quantum cognition, Quantum finance, Quantum game theory, Quantum mechanics, Reflexivity (social theory), Utility.

Alexander Wendt

Alexander Wendt (born 12 June 1958) is a German political scientist who is one of the core social constructivist scholars in the field of international relations.

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Arbitrage

In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.

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Asghar Qadir

Asghar Qadir (Urdu: اصغر قادر; 23 July 1946), ''HI'', ''SI'', ''FPAS'', is a Pakistani mathematician and a prominent cosmologist, specialised in mathematical physics and physical cosmology.

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Behavioral economics

Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

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Classical logic

Classical logic (or standard logic) is an intensively studied and widely used class of formal logics.

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Classical physics

Classical physics refers to theories of physics that predate modern, more complete, or more widely applicable theories.

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David Orrell

David John Orrell (born 1962 in Edmonton) is a Canadian writer and mathematician.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Efficient-market hypothesis

The efficient-market hypothesis (EMH) is a theory in financial economics that states that asset prices fully reflect all available information.

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Expected utility hypothesis

In economics, game theory, and decision theory the expected utility hypothesis, concerning people's preferences with regard to choices that have uncertain outcomes (gambles), states that if specific axioms are satisfied, the subjective value associated with an individual's gamble is the statistical expectation of that individual's valuations of the outcomes of that gamble.

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George Soros

George Soros, Hon (Soros György,; born György Schwartz; August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author.

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Hilbert space

The mathematical concept of a Hilbert space, named after David Hilbert, generalizes the notion of Euclidean space.

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Martin Shubik

Martin Shubik (born March 24, 1926) is an American economist, who is Professor Emeritus of Mathematical Institutional Economics at Yale University.

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Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

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News Weekly

News Weekly is an Australian current affairs magazine, published by the National Civic Council, with its main headquarters in Balwyn, Victoria.

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Option (finance)

In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on a specified date, depending on the form of the option.

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Preference (economics)

In economics and other social sciences, preference is the ordering of alternatives based on their relative utility, a process which results in an optimal "choice" (whether real or theoretical).

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Probability theory

Probability theory is the branch of mathematics concerned with probability.

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Quantum cognition

Quantum cognition is an emerging field which applies the mathematical formalism of quantum theory to model cognitive phenomena such as information processing by the human brain, language, decision making, human memory, concepts and conceptual reasoning, human judgment, and perception.

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Quantum finance

Quantum finance is an interdisciplinary research field, applying theories and methods developed by quantum physicists and economists in order to solve problems in finance.

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Quantum game theory

Quantum game theory is an extension of classical game theory to the quantum domain.

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Quantum mechanics

Quantum mechanics (QM; also known as quantum physics, quantum theory, the wave mechanical model, or matrix mechanics), including quantum field theory, is a fundamental theory in physics which describes nature at the smallest scales of energy levels of atoms and subatomic particles.

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Reflexivity (social theory)

In epistemology, and more specifically, the sociology of knowledge, reflexivity refers to circular relationships between cause and effect, especially as embedded in human belief structures.

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Utility

Within economics the concept of utility is used to model worth or value, but its usage has evolved significantly over time.

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References

[1] https://en.wikipedia.org/wiki/Quantum_economics

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