Abstract
The Accardi-Boukas quantum Black-Scholes equation (Luigi Accardi, Andreas Boukas: The Quantum Black-Scholes Equation, Global Journal of Pure and Applied Mathematics, (2006) vol.2, no.2, pp. 155-170.) can be used as an alternative to the classical approach to finance, and has been found to have a number of useful benefits. The quantum Kolmogorov backward equations, and associated quantum Fokker-Planck equations, that arise from this general framework, are derived using the Hudson-Parthasarathy quantum stochastic calculus (Hudson, R.L.; Parthasarathy, K.R: Quantum Ito's Formula and Stochastic Evolutions. Commun Math. Phys. 1984, 93, 301--323.). In this paper we show how these equations can be derived using a nonlocal approach to quantum mechanics. We show how nonlocal diffusions, and quantum stochastic processes can be linked, and discuss how moment matching can be used for deriving solutions.
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