Quantum Finance: Path Integrals And Hamiltonian... Today

Quantum finance utilizes the mathematical frameworks of quantum mechanics—specifically and Feynman path integrals —to model complex financial systems like option pricing and interest rate dynamics.

: In this framework, financial securities are described as elements in a linear vector state space, where the Hamiltonian operator determines how these states change over time. Quantum Finance: Path Integrals and Hamiltonian...

: The classical Black-Scholes equation for option pricing can be recast as a Schrödinger-like equation using a non-Hermitian Hamiltonian. Quantum Finance: Path Integrals and Hamiltonian...