kaal:claim:4900880-015

Building entanglement into economic models supplies an explanation for collective behaviors such as herd behavior and market bubbles, which classical economic theories struggle to account for.

Source quote, verbatim

Incorporating entanglement into economic models can help explain the emergence of collective behaviors, such as herd behavior and market bubbles, which are difficult to account for using classical economic theories.

From

Wulf A. Kaal, Quantum Economy and the Future of Work (2024), 2.5.2 Entanglement in Economic Systems, p. 18
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

mechanismsupport: arguedrisk-and-incentiveseconomics

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restates kaal:claim:4900878-010 Modeling entanglement explains collective phenomena such as herd behavior and market bubbles that classical ec...

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