Bose-Einstein Condensation in Financial Systems
classification
❄️ cond-mat.stat-mech
cond-mat.softq-fin.ST
keywords
distributionsfinancialbose-einsteincalculatedcondensatesequivalentfoundsystems
read the original abstract
We describe financial systems as condensates, similar to Bose-Einstein condensates, and calculate statistical distributions following from the model. The calculated distributions of investments into speculated financial assets are found equivalent to a Pareto distribution, and the calculated distributions of the price moves are found equivalent to exponentially truncated Levy distributions.
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