Quantum Mechanics and Mathematical Economics are Isomorphic. John von Neumann between Physics and Economics
Luca Lambertini ()
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
A methodological discussion is proposed, aiming at showing that game theory in particular (and mathematical economics in general) and quantum mechanics are isomorphic. This result relies on the equivalence of the two fundamental operators employed in the two fields, namely, the expected value in economics and the density matrix in quantum physics. This coincidence can be traced back to the contributions of von Neumann in both disciplines.
Date: 2000
New Economics Papers: this item is included in nep-gth and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:370
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