{"product_id":"quantum-economics-and-finance-an-applied-mathematics-introduction","title":"Quantum Economics and Finance: An Applied Mathematics Introduction","description":"“If you are looking to learn more about quantum theory applied to finance, we highly recommend\nreading David Orrell’s book: Quantum Economics and Finance: An Applied Mathematics\nIntroduction.” Quantum News\n\nThe word “quantum” is from the Latin for “how much” and in this book mathematician David Orrell\nshows how it applies to the world of economic transactions. Written in clear and accessible\nlanguage, the book covers the essential mathematics behind topics such as quantum\ncognition, option pricing, and quantum game theory, and delves into the nuts and bolts of\nquantum mechanics, the principles of quantum economic modelling, and the basics of\nquantum computation. On the way the reader will learn how quantum interference can be\nused to model cognitive dissonance, how a quantum walk goes further than a random walk,\nwhy market oscillations are real and imaginary at the same time, and how financial entanglement\nexplains the rate of mortgage default. It is aimed at anyone who wants to understand the\nquantum ideas working their way into economics and finance, without getting drowned in\nwave equations.\n\nAs interest in quantum computing grows, many companies from established banks to startups\nare looking at ways to perform financial simulations using quantum algorithms. But what if we\nshould be using quantum models anyway – because the monetary system has quantum\nproperties of its own, and because they work?\n\nThe field is developing rapidly, and this third edition contains many updates including new\nmaterial on using quantum models to simulate the stock market.\n\nDavid Orrell is an applied mathematician with extensive experience in mathematical modelling,\nand the author of a dozen books on science and economics. The Economist calls him one of\nthe “leading proponents” of quantum finance, and notes that “One way or another,\nfinance will catch up.” This book will give the reader a head start.\u003cbr\u003eASIN: 1916081630\u003cbr\u003eVSKU: GBV.1916081630.A\u003cbr\u003eCondition: Acceptable\u003cbr\u003eAuthor\/Artist:Orrell, David\u003cbr\u003eBinding: Paperback\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: This book is in acceptable condition and may have highlighting and or writing throughout. The actual cover image may not match the stock photo, dust jacket may be damaged or missing. Book may show internal and or external wear on spine or cover and may be slightly skewed or have creased pages. This is a used book so codes may be invalid or accompanying media may be missing. May be an Ex library book with stickers and stamps.  \u003cbr\u003e","brand":"Good Books Company","offers":[{"title":"Default Title","offer_id":50551116169521,"sku":"GBV.1916081630.A","price":13.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/3730\/2065\/files\/skuimage_1966bcf2-8337-4cf8-bada-c1e5d8c24816.jpg?v=1736381419","url":"https:\/\/goodbookscompany.org\/products\/quantum-economics-and-finance-an-applied-mathematics-introduction","provider":"Good Books Company","version":"1.0","type":"link"}