Thermodynamics 2.0 | 2022 Program: Sessions and Abstracts

Mon - Wed, July 18 - July 20 , 2022 , Boone, North Carolina

Session T15: Quantum Formalism and Beyond

15:15-16:15. Wednesday July 20, 2022

Chair: Polina Khrennikova

Title: From Quantum-like to Quantum Physics-like

Presenter:

  • Vikram Athalye

(Department of Physics, Cummins College of Engineering, Pune, India.)

Bio-sketch

Author(s):

  • Vikram Athalye

(Department of Physics, Cummins College of Engineering, Pune, India.)

Abstract:T15.162

Abstract

In the talk, I will begin with a quick review of the theories of analogical reasoning. I will then point out briefly — what I consider as — the physical foundations of quantum theory and will state some of the expectations from a physics-analogy based approach to the development of models for economics and finance. At the end, I will provide an outline of how economics-finance analogues of the different kinematic and dynamic quantities from physics could be explored.

Keywords: analogical reasoning, quantum theory, physical foundation, economics, finance