Quantum economics and finance uses quantum mathematics to model phenomena including cognition; financial transactions; and the dynamics of money and credit. This talk applies the theory to the problem of pricing a financial option. Instead of using methods based on a random walk; we draw on the theory of quantum cognition to use a quantum walk; which shows very different behaviour. The results shed light on a number of empirical phenomena that elude classical models. The algorithm has the additional advantage that it is native to a quantum computer. The talk is based on material from the book Quantum Economics and Finance: An Applied Mathematics Introduction.
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