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The Heisenberg Principle in Economics

Author

Listed:
  • Eric Blankmeyer

    (Southwest Texas State University)

Abstract

This paper examines analogies between the Heisenberg uncertainty principle in quantum mechanics and several well- known concepts in economic theory. Economics, like physics, has rejected determinism in favor of models that recognize the intrinsic randomness of the subject matter.

Suggested Citation

  • Eric Blankmeyer, 1999. "The Heisenberg Principle in Economics," General Economics and Teaching 9904004, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpgt:9904004
    Note: Type of Document - Six pages, ascii text; prepared on IBM PC - MS Works 4.0; to print on HP; pages: 6; figures: none. None
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/get/papers/9904/9904004.html
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    More about this item

    Keywords

    heisenberg principle quantum mechanics methodology;

    JEL classification:

    • A - General Economics and Teaching

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