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EGT through Quantum Mechanics & from Statistical Physics to Economics

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  • Esteban Guevara

Abstract

By analyzing the relationships between a socioeconomical system modeled through evolutionary game theory and a physical system modeled through quantum mechanics we show how although both systems are described through two theories apparently different both are analogous and thus exactly equivalents. The extensions of quantum mechanics to statistical physics and information theory let us use some of their definitions for the best understanding of the behavior of economics and biology. The quantum analogue of the replicator dynamics is the von Neumann equation. A system in where all its members are in Nash equilibrium is equivalent to a system in a maximum entropy state. Nature is a game in where its players compete for a common welfare and the equilibrium of the system that they are members. They act as a whole besides individuals like they obey a rule in where they prefer to work for the welfare of the collective besides the individual welfare.

Suggested Citation

  • Esteban Guevara, 2007. "EGT through Quantum Mechanics & from Statistical Physics to Economics," Papers 0705.0029, arXiv.org.
  • Handle: RePEc:arx:papers:0705.0029
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