David Orrell

David Orrell. Writer and Mathematician

Quantum Economics Resources



Quantum economics math


Background information

Introduction to the mathematics of quantum economics


Related research articles

Quantum-tative Finance, Wilmott Magazine, March 2020 (forthcoming).

The value of value: a quantum approach to economics, security and international relations, Security Dialogue, 2020 (forthcoming).

A Quantum Model of Supply and Demand, Physica A: Statistical Mechanics and its Applications 539C: 122928, 2020, preprint at SSRN,

Quantum Economics, Economic Thought, 7 (2), 63-81, 2018

A Quantum Theory of Money and Value, Part 2: The Uncertainty Principle, Economic Thought, 6 (2), 14-26, 2017

A Quantum Theory of Money and Value, Economic Thought, 5 (2), 19-28, 2016

Quantum financial entanglement: The case of strategic default, SSRN Discussion Paper, May 2019

A Quantum Walk Model of Financial Options, SSRN Discussion Paper, Jan 2020

Other articles

Economics is Quantum, Aeon, 2018

A tale of two workshops, World Finance, 2018

Of Minds and Money, Rebuilding Macroeconomics, 2018

Why Economists Can't Predict the Future, Newsweek Japan, 2017 (English version)

The True Value of Money, Adbusters 121, 2015

A Quantum Theory of Money and Value, Bitcoin Magazine, 2015. Also available in French and Spanish

Quantum Money, World Finance, 2015


Andrew Sheng, Condivergence: The duality of life, The Edge Malaysia, May 29, 2019

Interview with Management Today, December 14, 2018

Alexander Valchyshen, Economics and quantum mechanics (Ukrainian), Pravda Ukraine, June 15, 2018

Colin Teese, Money and Quantum Physics (review of The Evolution of Money), News Weekly, February 2017

Related talks

International Studies Association conference, Toronto, March 29, 2019. Quantizing IR panel (see text of talk)

International Symposium on Forecasting, Boulder, June 18, 2018

Quantum Theory and the International, Mershon Center, Ohio, April 8-9, 2018

Rebuilding Macroeconomics Instability Hub workshop, London, March 8, 2018

Further reading

Alexander Wendt, (2015), Quantum Mind and Social Science: Unifying Physical and Social Ontology (Cambridge: Cambridge University Press).

Karen Barad (2007), Meeting the Universe Halfway: Quantum Physics and the Entanglement of Matter and Meaning (Durham, NC: Duke University Press).

Jerome Busemeyer and Peter Bruza (2012), Quantum Models of Cognition and Decision (Cambridge: Cambridge University Press).

Belal Baaquie (2007), Quantum Finance: Path Integrals and Hamiltonians for Options and Interest Rates (Cambridge: Cambridge University Press).

David Orrell and Roman Chlupatý (2016), The Evolution of Money (New York: Columbia University Press).

Web applications

Demo of the order effect in quantum cognition

Supply and demand model