Behavioral Capital Theory via Canonical Quantization
dc.contributor.author | Hawkins, R.J. | |
dc.contributor.author | D’Anna, J.L. | |
dc.date.accessioned | 2022-12-15T22:41:22Z | |
dc.date.available | 2022-12-15T22:41:22Z | |
dc.date.issued | 2022 | |
dc.identifier.citation | Hawkins, R. J., & D’Anna, J. L. (2022). Behavioral Capital Theory via Canonical Quantization. Entropy, 24(10), 1497. | |
dc.identifier.issn | 1099-4300 | |
dc.identifier.doi | 10.3390/e24101497 | |
dc.identifier.uri | http://hdl.handle.net/10150/667215 | |
dc.description.abstract | We show how a behavioral form of capital theory can be derived using canonical quantization. In particular, we introduce quantum cognition into capital theory by applying Dirac’s canonical quantization approach to Weitzman’s Hamiltonian formulation of capital theory, the justification for the use of quantum cognition being the incompatibility of questions encountered in the investment decision-making process. We illustrate the utility of this approach by deriving the capital-investment commutator for a canonical dynamic investment problem. © 2022 by the authors. | |
dc.language.iso | en | |
dc.publisher | MDPI | |
dc.rights | Copyright © 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). | |
dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | |
dc.subject | behavioral economics | |
dc.subject | capital theory | |
dc.subject | quantum cognition | |
dc.title | Behavioral Capital Theory via Canonical Quantization | |
dc.type | Article | |
dc.type | text | |
dc.contributor.department | Wyant College of Optical Sciences, University of Arizona | |
dc.identifier.journal | Entropy | |
dc.description.note | Open access journal | |
dc.description.collectioninformation | This item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at repository@u.library.arizona.edu. | |
dc.eprint.version | Final published version | |
dc.source.journaltitle | Entropy | |
refterms.dateFOA | 2022-12-15T22:41:22Z |