Heisenberg uncertainty principle and economic analogues of basic physical quantities

Vladimir Soloviev and Vladimir Saptsin

Papers from arXiv.org

Abstract: From positions, attained by modern theoretical physics in understanding of the universe bases, the methodological and philosophical analysis of fundamental physical concepts and their formal and informal connections with the real economic measurings is carried out. Procedures for heterogeneous economic time determination, normalized economic coordinates and economic mass are offered, based on the analysis of time series, the concept of economic Plank's constant has been proposed. The theory has been approved on the real economic dynamic's time series, including stock indices, Forex and spot prices, the achieved results are open for discussion.

Date: 2011-11
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1111.5289

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