Creative New

Open

Creative New header image 4

Quantum economics.

March 13th, 2009 · No Comments · System Analysis, science

Mathematics underlying the 2008 financial crisis, and a possible remedy.

Via arxiv.org

Via arxiv.org

pics1.jpg

Economic law of increase of Kolmogorov complexity. Transition from financial crisis 2008 to the zero-order phase transition (social explosion)

V.P.Maslov:In Maslov (2003), a two level model of the occurrence of financial pyramid (bubbles) has been considered. We also considered the mathematical analogy of this model to Bose condensation. In the present paper, we explain why Ponzi schemes and bubbles result in a crisis in real economics. In Maslov (2005), the law of increase of entropy in financial systems, and consequently increase of Kolmogorov complexity, is formulated. If this law is broken, the financial system makes a phase transition to a different state. In Maslov (2005) the author considered a two level model of the zeroth-order phase transition which was interpreted in Maslov (2006) as an analog of social catastrophe. In the present paper we also examine this model.

[Read more →]

→ No CommentsTags: ····

Quantum Chaos Gets Cracked

October 12th, 2008 · No Comments · System Analysis

Making Waves

Quantum Unique Ergodicity (QUE) Conjecture Proven

Via aimath.org

In a seminar co-organized by Stanford University and the American Institute of Mathematics, Soundararajan announced that he and Roman Holowinsky have proven a significant version of the quantum unique ergodicity (QUE) conjecture. “This is one of the best theorems of the year,” said Peter Sarnak, a mathematician from Princeton who along with Zeev Rudnick from the University of Tel Aviv formulated the conjecture fifteen years ago in an effort to understand the connections between classical and quantum physics.

The problems of quantum chaos can be understood in terms of billiards. On a standard rectangular billiard table the motion of the balls is predictable and easy to describe. Things get more interesting if the table has curved edges, known as a “stadium.” Then it turns out most paths are chaotic and over time fill out the billiard table, a result proven by the mathematical physicist Leonid Bunimovich.


[Read more →]

→ No CommentsTags: ··