Symmetry and financial Markets

Jorgen Vitting Andersen () and Andrzej Nowak
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Jorgen Vitting Andersen: Centre d'Economie de la Sorbonne, https://centredeconomiesorbonne.cnrs.fr
Andrzej Nowak: Department of Psychology - Warsaw University

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: It is hard to overstate the importance that the concept of symmetry has had in every field of physics, a fact alluded to by the Nobel Prize winner P.W. Anderson, who once wrote that "physics is the study of symmetry". Whereas the idea of symmetry is widely used in science in general, very few (if not almost no) applications has found its way into the field of finance. Still, the phenomenon appears relevant in terms of for example the symmetry of strategies that can happen in the decision making to buy or sell financial shares. Game theory is therefore one obvious avenue where to look for symmetry, but as will be shown, also technical analysis and long term economic growth could be phenomena which show the hallmark of a symmetry

Keywords: Agent-based modelling; Game theory; Ginzburg-Landau theory; financial symmetry (search for similar items in EconPapers)
JEL-codes: C73 G14 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2020-07
New Economics Papers: this item is included in nep-gth, nep-hme and nep-ore
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Downloads: (external link)
http://mse.univ-paris1.fr/pub/mse/CES2020/20030.pdf (application/pdf)
https://halshs.archives-ouvertes.fr/halshs-03048686
https://arxiv.org/abs/2007.08475

Related works:
Working Paper: Symmetry and financial Markets (2020)
Working Paper: Symmetry and financial Markets (2020)
Working Paper: Symmetry and financial Markets (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:20030

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