Project

Quantum Walks and Their Economic Implications: A Theoretical and Practical Study

Code
bof/baf/4y/2024/01/018
Looptijd
01-01-2024 → 31-12-2025
Financiering
Regional and community funding: Special Research Fund
Onderzoeksdisciplines
  • Natural sciences
    • Quantum information, computation and communication
  • Social sciences
    • Econometric and statistical methods and methodology
Trefwoorden
econofysica kwantumalgoritmes Voorspelling van tijdsreeksen
 
Projectomschrijving

The aim of this research proposal is to explore the potential of quantum algorithms in a financial-economic context, with a focus on methodologies based on ‘quantum walks.’ The concept of quantum walks, for example, allows the modeling of price evolution for financial products. The diffusion properties of financial products obtained from a quantum model can be compared to those from a classical approach (typically based on extensions of a model for Brownian motion). The benefit for financial risk analysis is that a quantum approach provides a mathematical framework for uncertainties and competition between various strategies. Data analysis on financial data will help evaluate how well quantum algorithms capture the dynamics of financial markets. These insights and their generalizations may be used to develop a more theoretical quantum-economic model.