5 ms·
There is a theory connecting gauge theory and finance: https://arxiv.org/abs/hep-th/9710148 https://arxiv.org/abs/hep-th/9710148 https://www.amazon.com/Physic
by bifftastic 1y ago
There is a theory connecting gauge theory and finance:
https://arxiv.org/abs/hep-th/9710148 https://arxiv.org/abs/hep-th/9710148
https://www.amazon.com/Physics-Finance-Modelling-Non-Equilibrium-Frontiers/dp/0471877387 https://www.amazon.com/Physics-Finance-Modelling-Non-Equilib...
I don't think it's a crackpot theory. The basic idea is that the gauge group is the group of rescalings of the units of money, and arbitrage appears as curvature in the gauge field, i.e. you end up with a net change when you parallel-transport money around a loop in the (discrete) space of assets and time.