Bose-Einstein Condensation in Financial Systems

Nonlinear Analysis

K. Staliūnas¹ 

[1] Universitat Politecnica de Catalunya, Spain;

关键词: econophysics;    Non-Gaussian distributions;    Levy distributions;    Bose-Einstein statistics;   

DOI  :  10.15388/NA.2005.10.3.15123

来源: DOAJ

【 摘 要 】

We describe financial systems as condensates, similar to Bose-Einstein condensates, and calculate equilibrium statistical distributions following from the model. The calculated distribution of investments into speculated financial asset is exponentially truncated Pareto distribution, and the calculated distribution of the price moves is exponentially truncated Levy distribution. The calculated from the model distributions correspond well to the empirically observed distributions.

【 授权许可】

Unknown