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Quantum-Like Approach to Financial Risk: Quantum Anthropic Principle

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Edward W. Piotrowski ()
Jan Sladkowski ()

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Abstract

We continue the analysis of quantum-like description of market phenomena and economics. We show that it is possible to define a risk inclination operator acting in some Hilbert space that has a lot of common with quantum description of the harmonic oscillator. The approach has roots in the recently developed quantum game theory and quantum computing. A quantum anthropic principle is formulated. (final version published in Acta Phys.Pol.B,32(2001)3873-3879)

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Paper provided by University of Bialtystok, Department of Theoretical Physics in its series Departmental Working Papers with number 8.

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Handle: RePEc:sla:eakjkl:8

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  1. Ireneusz Pakula & Edward W. Piotrowski & Jan Sladkowski, . "Universality of Measurements on Quantum Markets," Departmental Working Papers 23, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  2. Edward W. Piotrowski, . "Quantum Mind. A sketch (in Polish)," Departmental Working Papers 120pl, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  3. Jan Sladkowski, . "Giffen paradoxes in quantum market games," Departmental Working Papers 14, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  4. Edward W. Piotrowski & Jan Sladkowski, . "Trading by Quantum Rules - Quantum Anthropic Principle," Departmental Working Papers 9, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  5. Edward W. Piotrowski & Jan Sladkowski, . "Quantum diffusion of prices and profits," Departmental Working Papers 12, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  6. Edward W. Piotrowski & Jan Sladkowski, . "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  7. Edward W. Piotrowski & Jan Sladkowski, . "Quantum solution to the Newcomb's paradox," Departmental Working Papers 10, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  8. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Auctions: Facts and Myths," Departmental Working Papers 29, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  9. Edward W. Piotrowski & Jan Sladkowski & Jacek Syska, . "Interference of quantum market strategies," Departmental Working Papers 11, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  10. Jan Sladkowski & Edward W. Piotrowski, . "Risk in Quantum Market Games (in Polish)," Departmental Working Papers 117pl, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
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