Wave function in economics

Dimitri Ledenyov and Viktor Ledenyov

MPRA Paper from University Library of Munich, Germany

Abstract: In this research article: 1) the new quantum macroeconomics and microeconomics theories in the quantum econophysics science are formulated, 2) the notion on the wave function in the quantum macroeconomics and microeconomics theories in the quantum econophysics science is introduced, and 3) the quantum econophysical wave equations in the quantum macroeconomics and microeconomics theories in the quantum econophysics science are derived for the first time. Authors show that there is a certain conceptual scientific analogy between 1) the wave functions in the quantum econophysical wave equations in the quantum macroeconomics and microeconomics theories in the quantum econophysics science as well as 2) the wave function in the Schrödinger quantum mechanical wave equation in the quantum mechanics science. The wave function theories are created to make: 1) the economy’s state prediction at the certain time moment, using the wave function in the quantum econophysical wave equation in the quantum macroeconomic theory in the quantum econophysics science; and 2) the firm’s state prediction at the certain time moment, using the wave function in the quantum econophysical wave equation in the quantum microeconomic theory in the quantum econophysics science. Authors use the quantum econophysical wave equations in the quantum econophysics science to develop a new software program for the application by the central / commercial / investment banks with the purpose the make the accurate characterization and forecasting of: 1) the national/global economic performance changes, including the GIP((t), GDP(t), GNP(t) dependences changes, in agreement with the quantum macroeconomics theory in the quantum econophysics science, and 2) the firm’s economic performance changes, including the EBITDA(t) dependence changes in agreement with the quantum microeconomics theory in the quantum econophysics science.

Keywords: economy’s performance state prediction problem at certain time moment; firm’s performance state prediction problem at the certain time moment; wave functions in quantum econophysical wave equations in quantum macroeconomics/microeconomics theories in quantum econophysics science; wave function in Schrödinger quantum mechanical wave equation in quantum mechanics science; econophysics; econometrics; nonlinear dynamic economic system; economy of scale and scope; macroeconomics; microeconomics. (search for similar items in EconPapers)
JEL-codes: C0 C02 C4 C60 D0 D01 D8 D80 E0 N1 O3 (search for similar items in EconPapers)
Date: 2015-09-11
New Economics Papers: this item is included in nep-for and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/66987/8/MPRA_paper_66987.pdf revised version (application/pdf)

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