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John von Neumann between Physics and Economics: A Methodological Note

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  • Luca Lambertini

    ()
    (Department of Economics, University of Bologna, Italy)

Abstract

A methodological discussion is proposed, aiming at illustrating an analogy between game theory in particular (and mathematical economics in general) and quantum mechanics. This analogy relies on the equivalence of the two fundamental operators employed in the two fields, namely, the expected value in economics and the density matrix in quantum physics. I conjecture that this coincidence can be traced back to the contributions of von Neumann in both disciplines.

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Paper provided by The Rimini Centre for Economic Analysis in its series Working Paper Series with number 40_13.

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Date of creation: Jul 2013
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Handle: RePEc:rim:rimwps:40_13

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Keywords: expected value; density matrix; uncertainty; quantum games;

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