Abstract
This chapter presents a model that was proposed by Olga Choustova and me [53–62, 175]. She appliedmethods of quantum mechanics to mathematical modeling of price dynamics in the financial market. She pointed out that behavioral financial factors (e.g., expectations of traders) could be described by using the pilot wave (Bohmian) model of quantum mechanics; see Section 12.6 for a brief introduction to the mathematical formalism of Bohmian mechanics.
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© 2009 Springer-Verlag Berlin Heidelberg
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Khrennikov, A. (2009). Psycho-financial Model. In: Ubiquitous Quantum Structure. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-05101-2_10
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DOI: https://doi.org/10.1007/978-3-642-05101-2_10
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-05100-5
Online ISBN: 978-3-642-05101-2
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