FURTHER IMPLICATIONS OF BOHM’S WHOLENESS AND IMPLICATE ORDER CONCEPT ON THEORIES OF FINANCE
FURTHER IMPLICATIONS OF BOHM’S WHOLENESS AND IMPLICATE ORDER CONCEPT ON THEORIES OF FINANCE

Summary/Abstract: This paper discusses and develops the prospects of quantum finance from a Bohmian point of view. Discussed is an ontological interpretation of quantum theory, and such ontology is extended to include economics and finance. At first, we discuss the more general relevance of quantum theory to economics and finance. The basic assumption is that because Bohm’s interpretation of quantum theory emphasizes the role of wholeness, it might be relevant to economics and finance, where fragmentation is a major characteristic of these domains. We then discuss the role of financial information in economic and finance, and consider specific connections with quantum theory in this field. In particular, we apply David Bohm’s notion of active information, which arises in his ontological interpretation of quantum theory. It is here suggested, also by expanding Shannon’s theory, that active information can play a fundamental business role as the bridge between economic theory and financial practice. Some such bridge is needed if we are to understand how subtle financial properties are able to influence more manifest business properties in companies (all the way to microeconmics and potentially at deeper business levels), and how changes in those possibly quantum‐level business processes are able to influence higher financial planning functions. We also consider the implications of the notion of active information for financial derivatives. The potentialities of implementing the Bohmian scheme in quantum finance and connections with other laws are then briefly considered. Finally, we draw conclusions on interconnectedness between wholeness and implicate order and activation of financial information.

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