The Heisenberg Principle in Economics

Eric Blankmeyer
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Eric Blankmeyer: Southwest Texas State University

General Economics and Teaching from EconWPA

Abstract: This paper examines analogies between the Heisenberg uncertainty principle in quantum mechanics and several well- known concepts in economic theory. Economics, like physics, has rejected determinism in favor of models that recognize the intrinsic randomness of the subject matter.

Keywords: heisenberg; principle; quantum; mechanics; methodology (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 1999-04-20
Note: Type of Document - Six pages, ascii text; prepared on IBM PC - MS Works 4.0; to print on HP; pages: 6; figures: none. None

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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:9904004

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