{
  "annotation_id": "b0796680-6bde-4196-b53a-d196892154da",
  "date_created": "2026-03-02T18:01:49.023000Z",
  "date_modified": "2026-03-02T18:01:49.023000Z",
  "file_hash": "f9af37fbfa50610e2edab3787510270c1e7245e1fc69475227ea236775256d60",
  "private": false,
  "record": {
    "abstract": "In this paper, a quantum model for the binomial market in finance is\nproposed. We show that its risk-neutral world exhibits an intriguing structure\nas a disk in the unit ball of ${\\bf R}^3,$ whose radius is a function of the\nrisk-free interest rate with two thresholds which prevent arbitrage\nopportunities from this quantum market. Furthermore, from the quantum\nmechanical point of view we re-deduce the Cox-Ross-Rubinstein binomial option\npricing formula by considering Maxwell-Boltzmann statistics of the system of\n$N$ distinguishable particles.",
    "arxiv_id": "quant-ph/0112156",
    "authors": [
      "Zeqian Chen"
    ],
    "categories": [
      "quant-ph"
    ],
    "journal_ref": "Journal of Systems Science and Complexity, vol.17, 567-573(2004)",
    "license": "http://arxiv.org/licenses/nonexclusive-distrib/1.0/",
    "title": "Quantum Theory for the Binomial Model in Finance Theory",
    "url": "https://arxiv.org/abs/quant-ph/0112156"
  },
  "schema_id": "dorsal/arxiv",
  "source": {
    "execution_id": "91a9bd70-5d86-455a-af0d-d59181574f2c",
    "id": "arXiv Dataset IDs",
    "type": "Model",
    "variant": "snapshot-2026-03-01",
    "version": "0.1.0"
  },
  "user_id": 1000002
}