A suggested path towards a gauge theory of economic interactions

Antonino Claudio Bonan ()
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Antonino Claudio Bonan: ARPAV - Agenzia Regionale per la Prevenzione e la Protezione Ambientale del Veneto

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Abstract: An Economic Standard Model (ESM) is sketched here, i.e. a quantum field theory (QFT) that models economic dynamics using gauge symmetries, drawing inspiration from the Standard Model of particle physics. It employs an abstract spacetime with multidimensional coordinates (identity, location, social relevance) to incorporate relativity principles. Kinematic symmetries and canonical quantization define fields, with dynamic symmetries expressed in covariant laws. Elementary entities at the micro scale include a subjectivity field, a U (1) gauge field for monetary interactions, SU (3) gauge fields for agreements with three agent roles, SU (2) gauge fields combined with U (1) for speculative interactions, and Higgs-like fields for institutions that assign economic weight via symmetry breaking. Quantum numbers like e.g. spin and charge are reinterpreted in an economic context. Parameters are estimated seldom by analogy with physics and oftener against observed economic data, furthermore quantitative tests are proposed. The ESM unifies economic interactions across scales, offering insights into complex economic systems. Challenging aspects are discussed and enhancements are suggested for future research, anyway the quantum economics paradigm can advance with potential implications for theoretical and applied economics.

Keywords: Econophysics Quantum Economics Quantum Field Theory Economic Spacetime Economic Standard Model; Econophysics; Quantum Economics; Quantum Field Theory; Economic Spacetime; Economic Standard Model (search for similar items in EconPapers)
Date: 2026-02-14
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