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3 results

  • 9 - Single-Particle Systems versus Agents – I

  • from Part III - Quantum Physics-like Modelling
  • Vikram Athalye, Cummins College of Engineering, Pune, India, Emmanuel Haven, Memorial University of Newfoundland, Canada
  • Book:
    Quantum Modelling of Economic and Financial Systems
    Published online:
    19 December 2025
    Print publication:
    22 January 2026, pp 156-169

  • Summary

    This chapter (together with the next one) introduces probably the highlight of the book, i.e. it attempts to answer the important question: what can we now do with the quantum-physics like stance? An immediate, almost obvious, discussion centres around the analogies with the famed double-slit experiment. We set ourselves the task of answering how we can begin to enumerate, quite precisely, analogies between electrons and agents. As the reader will find out, we will need to move over several (important) hurdles, one of them being the perennially difficult analogy we need to make with the Planck constant. We then proceed in shaping the idea of two-preference interference, a concept of paramount importance in our quest to properly define the quantum physics–like research direction.

Quantum Modelling of Economic and Financial Systems
  • Selected Topics
  • Vikram Athalye, Emmanuel Haven
  • Published online:
    19 December 2025
    Print publication:
    22 January 2026
  • This concise and self-contained book opens completely novel areas of research by directly implementing concepts from quantum physics into areas of social science. It constructs compelling arguments originating from fundamental concepts in physics and the philosophy of science, including key developments in economics and finance, then surveys the important work which has been performed to date through applying the formalism of quantum mechanics to decision making and finance. The book is accessible to graduate students and researchers in social science and physics, as well as avid interdisciplinary readers. This title is part of the Flip it Open Programme and may also be available Open Access. Check our website Cambridge Core for details.