Abstract
This paper introduces the basic construct of quantum mechanics to financial researchers by applying ittoa modeling of thestock prices. We present the meanings of the wavefunction, the Hamiltonian operator and the Schrödinger'sequation in common mathematical terms, with an illustration of how the ever-presentbinary random variable can be connectedto the spin operator in physics.
| Original language | English |
|---|---|
| Pages (from-to) | 16-20 |
| Journal | European Journal of Applied Physics |
| Volume | 5 |
| Issue number | 5 |
| State | Published - 2023 |
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