000			02164nam a22002417a 4500
003			JGU
005			20240608020003.0
008			230206b |||||||| |||| 00| 0 eng d
020			_a9781916081635 _qpbk.
040			_beng _cJGU
041			_aeng
100			_aOrrell, David, _91638382 _eauthor
245			_aQuantum economics and finance: _ban applied mathematics introduction / _cDavid Orrell.
250			_a3rd ed.
260			_aNew York : _bPanda Ohana Publishing, _c2022.
520			_a"The word "quantum" is from the Latin for "how much" and in this book mathematician David Orrell shows how it applies to the world of economic transactions. Written in clear and accessible language, the book covers the essential mathematics behind topics such as quantum cognition, option pricing, and quantum game theory, and delves into the nuts and bolts of quantum mechanics, the principles of quantum economic modelling, and the basics of quantum computation. On the way the reader will learn how quantum interference can be used to model cognitive dissonance, how a quantum walk goes further than a random walk, and how financial entanglement explains the rate of mortgage default. It is aimed at anyone who wants to understand the quantum ideas working their way into economics and finance, without getting drowned in wave equations. As interest in quantum computing grows, many companies from established banks to startups are looking at ways to perform financial simulations using quantum algorithms. But what if we should be using quantum models anyway - because the monetary system has quantum properties of its own, and because they work? The field is developing rapidly, and this third edition contains many updates including new material on quantum logic and quantum agent-based models. David Orrell is an applied mathematician with extensive experience in mathematical modelling, and the author of a dozen books on science and economics."--
650			_aQuantum theory _931246
650			_aEconomics, Mathematical _931591
650			_aEconomics--Mathematical models _9415761
999			_c3053419 _d3053419