Abstract

This chapter introduces a general overview of four major concepts and models in quantum theory: quantum mechanics, quantum field theory, Feynman’s path integral, and quantum anharmonic oscillators. These four concepts with models in quantum theory form critical mass to establish the basic theoretical and mathematical models in quantum finance theory in next chapter, namely, Feynman’s path integral model of quantum finance (also known as first generation of quantum finance) and quantum anharmonic model of quantum finance (also known as second generation of quantum finance). To avoid complex mathematical derivations, this chapter focuses on the basic concepts of quantum theory with its related models that are crucial to understand the mathematical and quantum model in quantum finance.

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