Quantum Finance

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Publisher : Cambridge University Press
ISBN 13 : 1139456393
Total Pages : 334 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Quantum Finance by : Belal E. Baaquie

Download or read book Quantum Finance written by Belal E. Baaquie and published by Cambridge University Press. This book was released on 2007-07-23 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus. The present book offers a formulation that is completely independent of that approach. As such many results emerge from the ideas developed by the author. This work will be of interest to physicists and mathematicians working in the field of finance, to quantitative analysts in banks and finance firms and to practitioners in the field of fixed income securities and foreign exchange. The book can also be used as a graduate text for courses in financial physics and financial mathematics.

Path Integrals and Hamiltonians

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Publisher : Cambridge University Press
ISBN 13 : 1139867334
Total Pages : 437 pages
Book Rating : 4.1/5 (398 download)

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Book Synopsis Path Integrals and Hamiltonians by : Belal E. Baaquie

Download or read book Path Integrals and Hamiltonians written by Belal E. Baaquie and published by Cambridge University Press. This book was released on 2014-03-27 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a pedagogical introduction to the essential principles of path integrals and Hamiltonians, this book describes cutting-edge quantum mathematical techniques applicable to a vast range of fields, from quantum mechanics, solid state physics, statistical mechanics, quantum field theory, and superstring theory to financial modeling, polymers, biology, chemistry, and quantum finance. Eschewing use of the Schrödinger equation, the powerful and flexible combination of Hamiltonian operators and path integrals is used to study a range of different quantum and classical random systems, succinctly demonstrating the interplay between a system's path integral, state space, and Hamiltonian. With a practical emphasis on the methodological and mathematical aspects of each derivation, this is a perfect introduction to these versatile mathematical methods, suitable for researchers and graduate students in physics and engineering.

Path Integrals and Hamiltonians

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Publisher : Cambridge University Press
ISBN 13 : 1107009790
Total Pages : 437 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Path Integrals and Hamiltonians by : B. E. Baaquie

Download or read book Path Integrals and Hamiltonians written by B. E. Baaquie and published by Cambridge University Press. This book was released on 2014-03-27 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: A succinct introduction to the powerful and flexible combination of Hamiltonian operators and path integrals in quantum mathematics, with a practical emphasis on methodological and mathematical aspects. Essential reading for researchers and graduate students in physics, and engineers whose work touches on quantum mechanics.

Path Integrals and Quantum Processes

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Publisher : Courier Corporation
ISBN 13 : 0486782301
Total Pages : 463 pages
Book Rating : 4.4/5 (867 download)

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Book Synopsis Path Integrals and Quantum Processes by : Mark S. Swanson

Download or read book Path Integrals and Quantum Processes written by Mark S. Swanson and published by Courier Corporation. This book was released on 2014-02-19 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Graduate-level, systematic presentation of path integral approach to calculating transition elements, partition functions, and source functionals. Covers Grassmann variables, field and gauge field theory, perturbation theory, and nonperturbative results. 1992 edition.

Path Integrals in Quantum Mechanics, Statistics, Polymer Physics, and Financial Markets

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Publisher : World Scientific
ISBN 13 : 9814273570
Total Pages : 1626 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis Path Integrals in Quantum Mechanics, Statistics, Polymer Physics, and Financial Markets by : Hagen Kleinert

Download or read book Path Integrals in Quantum Mechanics, Statistics, Polymer Physics, and Financial Markets written by Hagen Kleinert and published by World Scientific. This book was released on 2009 with total page 1626 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topological restrictions. These are relevant to the understanding of the statistical properties of elementary particles and the entanglement phenomena in polymer physics and biophysics. The Chern-Simons theory of particles with fractional statistics (anyons) is introduced and applied to explain the fractional quantum Hall effect." "The relevance of path integrals to financial markets is discussed, and improvements of the famous Black-Scholes formula for option prices are developed which account for the fact that large market fluctuations occur much more frequently than in Gaussian distributions." --Book Jacket.

Quantum Field Theory for Economics and Finance

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Publisher : Cambridge University Press
ISBN 13 : 1108423159
Total Pages : 717 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Quantum Field Theory for Economics and Finance by : B. E. Baaquie

Download or read book Quantum Field Theory for Economics and Finance written by B. E. Baaquie and published by Cambridge University Press. This book was released on 2018-08-23 with total page 717 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.

Quantum Mechanics and Path Integrals [by] R.P. Feynman [and] A.R. Hibbs

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Publisher :
ISBN 13 : 9780071139489
Total Pages : 0 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Quantum Mechanics and Path Integrals [by] R.P. Feynman [and] A.R. Hibbs by : Richard Phillips Feynman

Download or read book Quantum Mechanics and Path Integrals [by] R.P. Feynman [and] A.R. Hibbs written by Richard Phillips Feynman and published by . This book was released on 1965 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Feynman's Thesis

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Publisher : World Scientific
ISBN 13 : 9812563660
Total Pages : 142 pages
Book Rating : 4.8/5 (125 download)

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Book Synopsis Feynman's Thesis by : Richard Phillips Feynman

Download or read book Feynman's Thesis written by Richard Phillips Feynman and published by World Scientific. This book was released on 2005 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Richard Feynman's never previously published doctoral thesis formed the heart of much of his brilliant and profound work in theoretical physics. Entitled ?The Principle of Least Action in Quantum Mechanics," its original motive was to quantize the classical action-at-a-distance electrodynamics. Because that theory adopted an overall space?time viewpoint, the classical Hamiltonian approach used in the conventional formulations of quantum theory could not be used, so Feynman turned to the Lagrangian function and the principle of least action as his points of departure.The result was the path integral approach, which satisfied ? and transcended ? its original motivation, and has enjoyed great success in renormalized quantum field theory, including the derivation of the ubiquitous Feynman diagrams for elementary particles. Path integrals have many other applications, including atomic, molecular, and nuclear scattering, statistical mechanics, quantum liquids and solids, Brownian motion, and noise theory. It also sheds new light on fundamental issues like the interpretation of quantum theory because of its new overall space?time viewpoint.The present volume includes Feynman's Princeton thesis, the related review article ?Space?Time Approach to Non-Relativistic Quantum Mechanics? [Reviews of Modern Physics 20 (1948), 367?387], Paul Dirac's seminal paper ?The Lagrangian in Quantum Mechanics'' [Physikalische Zeitschrift der Sowjetunion, Band 3, Heft 1 (1933)], and an introduction by Laurie M Brown.

Lectures in Theoretical Physics

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Publisher :
ISBN 13 :
Total Pages : 488 pages
Book Rating : 4.:/5 (41 download)

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Book Synopsis Lectures in Theoretical Physics by : Asim Orhan Barut

Download or read book Lectures in Theoretical Physics written by Asim Orhan Barut and published by . This book was released on 1972-08 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Student's Guide to Lagrangians and Hamiltonians

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Publisher : Cambridge University Press
ISBN 13 : 1107042887
Total Pages : 185 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis A Student's Guide to Lagrangians and Hamiltonians by : Patrick Hamill

Download or read book A Student's Guide to Lagrangians and Hamiltonians written by Patrick Hamill and published by Cambridge University Press. This book was released on 2014 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise treatment of variational techniques, focussing on Lagrangian and Hamiltonian systems, ideal for physics, engineering and mathematics students.

Open Quantum Systems and Feynman Integrals

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Publisher : Springer Science & Business Media
ISBN 13 : 9400952074
Total Pages : 374 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Open Quantum Systems and Feynman Integrals by : P. Exner

Download or read book Open Quantum Systems and Feynman Integrals written by P. Exner and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every part of physics offers examples of non-stability phenomena, but probably nowhere are they so plentiful and worthy of study as in the realm of quantum theory. The present volume is devoted to this problem: we shall be concerned with open quantum systems, i.e. those that cannot be regarded as isolated from the rest of the physical universe. It is a natural framework in which non-stationary processes can be investigated. There are two main approaches to the treatment of open systems in quantum theory. In both the system under consideration is viewed as part of a larger system, assumed to be isolated in a reasonable approximation. They are differentiated mainly by the way in which the state Hilbert space of the open system is related to that of the isolated system - either by orthogonal sum or by tensor product. Though often applicable simultaneously to the same physical situation, these approaches are complementary in a sense and are adapted to different purposes. Here we shall be concerned with the first approach, which is suitable primarily for a description of decay processes, absorption, etc. The second approach is used mostly for the treatment of various relaxation phenomena. It is comparably better examined at present; in particular, the reader may consult a monograph by E. B. Davies.

Hamiltonian Mechanics of Gauge Systems

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Publisher : Cambridge University Press
ISBN 13 : 1139500902
Total Pages : 485 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Hamiltonian Mechanics of Gauge Systems by : Lev V. Prokhorov

Download or read book Hamiltonian Mechanics of Gauge Systems written by Lev V. Prokhorov and published by Cambridge University Press. This book was released on 2011-09-22 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principles of gauge symmetry and quantization are fundamental to modern understanding of the laws of electromagnetism, weak and strong subatomic forces and the theory of general relativity. Ideal for graduate students and researchers in theoretical and mathematical physics, this unique book provides a systematic introduction to Hamiltonian mechanics of systems with gauge symmetry. The book reveals how gauge symmetry may lead to a non-trivial geometry of the physical phase space and studies its effect on quantum dynamics by path integral methods. It also covers aspects of Hamiltonian path integral formalism in detail, along with a number of related topics such as the theory of canonical transformations on phase space supermanifolds, non-commutativity of canonical quantization and elimination of non-physical variables. The discussion is accompanied by numerous detailed examples of dynamical models with gauge symmetries, clearly illustrating the key concepts.

Fractional Quantum Mechanics

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Publisher : World Scientific
ISBN 13 : 9813223812
Total Pages : 358 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Fractional Quantum Mechanics by : Nick Laskin

Download or read book Fractional Quantum Mechanics written by Nick Laskin and published by World Scientific. This book was released on 2018-05-28 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fractional quantum mechanics is a recently emerged and rapidly developing field of quantum physics.This is the first monograph on fundamentals and physical applications of fractional quantum mechanics, written by its founder.The fractional Schrödinger equation and the fractional path integral are new fundamental physical concepts introduced and elaborated in the book. The fractional Schrödinger equation is a manifestation of fractional quantum mechanics. The fractional path integral is a new mathematical tool based on integration over Lévy flights. The fractional path integral method enhances the well-known Feynman path integral framework.Related topics covered in the text include time fractional quantum mechanics, fractional statistical mechanics, fractional classical mechanics and the α-stable Lévy random process.The book is well-suited for theorists, pure and applied mathematicians, solid-state physicists, chemists, and others working with the Schrödinger equation, the path integral technique and applications of fractional calculus in various research areas. It is useful to skilled researchers as well as to graduate students looking for new ideas and advanced approaches.

Physics and Finance

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Publisher : Springer Nature
ISBN 13 : 3030636437
Total Pages : 292 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Physics and Finance by : Volker Ziemann

Download or read book Physics and Finance written by Volker Ziemann and published by Springer Nature. This book was released on 2021-01-18 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces physics students to concepts and methods of finance. Despite being perceived as quite distant from physics, finance shares a number of common methods and ideas, usually related to noise and uncertainties. Juxtaposing the key methods to applications in both physics and finance articulates both differences and common features, this gives students a deeper understanding of the underlying ideas. Moreover, they acquire a number of useful mathematical and computational tools, such as stochastic differential equations, path integrals, Monte-Carlo methods, and basic cryptology. Each chapter ends with a set of carefully designed exercises enabling readers to test their comprehension.

Statistical Approach to Quantum Field Theory

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Publisher : Springer Nature
ISBN 13 : 3030832635
Total Pages : 568 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Statistical Approach to Quantum Field Theory by : Andreas Wipf

Download or read book Statistical Approach to Quantum Field Theory written by Andreas Wipf and published by Springer Nature. This book was released on 2021-10-25 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new expanded second edition has been totally revised and corrected. The reader finds two complete new chapters. One covers the exact solution of the finite temperature Schwinger model with periodic boundary conditions. This simple model supports instanton solutions – similarly as QCD – and allows for a detailed discussion of topological sectors in gauge theories, the anomaly-induced breaking of chiral symmetry and the intriguing role of fermionic zero modes. The other new chapter is devoted to interacting fermions at finite fermion density and finite temperature. Such low-dimensional models are used to describe long-energy properties of Dirac-type materials in condensed matter physics. The large-N solutions of the Gross-Neveu, Nambu-Jona-Lasinio and Thirring models are presented in great detail, where N denotes the number of fermion flavors. Towards the end of the book corrections to the large-N solution and simulation results of a finite number of fermion flavors are presented. Further problems are added at the end of each chapter in order to guide the reader to a deeper understanding of the presented topics. This book is meant for advanced students and young researchers who want to acquire the necessary tools and experience to produce research results in the statistical approach to Quantum Field Theory.

Path Integrals in Quantum Mechanics

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Publisher :
ISBN 13 : 0198566751
Total Pages : 336 pages
Book Rating : 4.1/5 (985 download)

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Book Synopsis Path Integrals in Quantum Mechanics by : Jean Zinn-Justin

Download or read book Path Integrals in Quantum Mechanics written by Jean Zinn-Justin and published by . This book was released on 2010-07-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantum field theory is hardly comprehensible without path integrals: the goal of this book is to introduce students to this topic within the context of ordinary quantum mechanics and non-relativistic many-body theory, before facing the problems associated with the more involved quantum field theory formalism.

Path Integrals in Physics

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Publisher : CRC Press
ISBN 13 : 9780367397142
Total Pages : 336 pages
Book Rating : 4.3/5 (971 download)

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Book Synopsis Path Integrals in Physics by : M Chaichian

Download or read book Path Integrals in Physics written by M Chaichian and published by CRC Press. This book was released on 2019-08-30 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Path Integrals in Physics: Volume I, Stochastic Processes and Quantum Mechanics presents the fundamentals of path integrals, both the Wiener and Feynman type, and their many applications in physics. Accessible to a broad community of theoretical physicists, the book deals with systems possessing a infinite number of degrees in freedom. It discusses the general physical background and concepts of the path integral approach used, followed by a detailed presentation of the most typical and important applications as well as problems with either their solutions or hints how to solve them. It describes in detail various applications, including systems with Grassmann variables. Each chapter is self-contained and can be considered as an independent textbook. The book provides a comprehensive, detailed, and systematic account of the subject suitable for both students and experienced researchers.