TITLE:
Ergodic Properties of Motion in Quantum Harmonic Oscillator and Finance
AUTHORS:
Zbigniew S. Kowalski
KEYWORDS:
Quantum Harmonic Oscillator, Step Skew Product Transformation, Bernoulli Property, Asset Prices
JOURNAL NAME:
Theoretical Economics Letters,
Vol.14 No.6,
December
24,
2024
ABSTRACT: We show the Bernoulli property of the skew product transformation describing particle motion in a one-dimensional quantum harmonic oscillator. Finally, the application of the binomial model for asset prices is presented.