Quantum Economics and Finance: The Quantum Coin Trick
01 Jul 2020
About the event
Quantum economics and finance uses quantum mathematics to model phenomena including cognition; financial transactions; and the dynamics of money and credit. This talk takes a particular route into the subject; through a discussion of the quantum coin. Unlike a classical coin toss; which can be either heads or tails; a quantum coin can be – like Schrödinger’s cat – in a superposition of states. This gives it intriguing properties which can be used to simulate everything from the prisoner’s dilemma; to the credit relationship; to the pricing of options. The talk is based on material the book Quantum Economics and Finance: An Applied Mathematics Introduction.
Part of the Fitch Group, Fitch Learning partners with clients to enhance knowledge, skills and conduct. Fitch Learning is a global leader in training with experience of delivering specialised technical training at all levels to the financial community. Fitch Learning partner with clients to elevate knowledge and skills and enhance conduct.
We work with 9 out of 10 of each of the largest Investment Banks, Asset Managers and Global Banks and through state-of-the-art training centres in London, New York, Hong Kong, Singapore and Dubai, and our leading distance learning portals, we train more than 20,000 delegates each year.