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The Heisenberg picture in the analysis of stock markets and in other sociological contexts
Authors:Fabio Bagarello
Institution:(1) Dipartimento di Metodi e Modelli Matematici, Facoltà di Ingegneria, Università di Palermo, I - 90128 Palermo, Italy
Abstract:We review some recent results concerning some toy models of stock markets. Our models are suggested by the discrete nature of the number of shares and of the cash which are exchanged in a real market, and by the existence of conserved quantities, like the total number of shares or some linear combination of the cash and the shares. This suggests to use the same tools used in quantum mechanics and, in particular, the Heisenberg picture to describe the time behavior of the portfolio of each trader. We finally propose the use of this same framework in other sociological contexts.
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