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Adelic theory of stock market

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  • V. Zharkov

Abstract

The p-adic theory of the stock market is presented. It is shown that the price dynamics is very naturally described by the adelic function. The procedure of derivation of the functional integral formulation of adelic type is derived from microscopic models using generalized supercoherent states.

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  • V. Zharkov, 2011. "Adelic theory of stock market," Papers 1102.2515, arXiv.org.
  • Handle: RePEc:arx:papers:1102.2515
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    1. Lux, Thomas, 1998. "The socio-economic dynamics of speculative markets: interacting agents, chaos, and the fat tails of return distributions," Journal of Economic Behavior & Organization, Elsevier, vol. 33(2), pages 143-165, January.
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