kaal:claim:4900880-003

Quantum economics rejects the classical premise of deterministic outcomes and stable equilibrium, treating indeterminacy and fluctuation as intrinsic properties of economic systems rather than as noise around an equilibrium path.

Source quote, verbatim

In contrast to classical economics, which assumes deterministic outcomes and stable equilibria, quantum economics recognizes the inherent indeterminacy and fluctuations in economic systems.

From

Wulf A. Kaal, Quantum Economy and the Future of Work (2024), 2.5.3 Probabilistic Outcomes and Economic Fluctuations, p. 19
https://ssrn.com/abstract=4900880 · source PDF

Cite as

Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

Classification

definitionalsupport: arguedeconomics

Related claims

extends kaal:claim:4900878-007 Against critics who call quantum econophysics purely phenomenological, the author holds that quantum economics...

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