We apply methods of quantum mechanics for mathematical modeling of price dynamics at the financial market. The Hamiltonian formalism on the price/price-change phase space describes the classicallike evolution of prices. This classical dynamics of prices is determined by ”hard” conditions (natural resources, industrial production, services and so on). These conditions are mathematically describe...

The multifractal structure of the temporal dependence of the Deutsche Aktienindex (DAX) is analyzed. The q-th order moments of the structure functions and the singular measures are calculated. The generalized Hurst exponent H(q) and the h(γ(q)) curve indicate a hierarchy of power law exponents. This approach leads to characterizing the nonstationarity and intermittency pertinent to such financi...

the main challenge of developing countries, is achieving growth and development. review of economic growth literature shows that the quality of institutions and social infrastructure are important factors that influence the economic growth and development. also many analysts believe that between institutional factors, the rule of law is one of the most elements for appropriate system for invest...

The multifractal structure of the temporal dependence of the Deutsche Aktienindex (DAX) is analyzed. The q-th order moments of the structure functions and the singular measures are calculated. The generalized Hurst exponent H(q) and the h(γ(q)) curve indicate a hierarchy of power law exponents. This approach leads to characterizing the nonstationarity and intermittency pertinent to such financi...

Financial intermediation in Iran's banking system is negatively affected at least in two ways. First, there are many similarities between financial intermediation and usurious activities in the common interpretation of interest-free banking law. This encourages the banks to participate in various commercial activities. Second, the price setting policies of the central bank makes investment more...

The environment continues to be a source of ill-health for many people, particularly in developing countries. International environmental law offers a viable strategy for enhancing public health through the promotion of increased awareness of the linkages between health and environment, mobilization of technical and financial resources, strengthening of research and monitoring, enforcement of h...

This paper is concerned with asymptotic behavior of a variety of functionals of increments of continuous semimartingales. Sampling times are assumed to follow a rather general discretization scheme. If an underlying semimartingale is thought of as a financial asset price process, a general sampling scheme like the one employed in this paper is capable of reflecting what happens whenever the fin...

one of the capital market financial instruments, especially in islamic countries, is sukuk or islamic securities. sukuk is based on islamic law. different types of sukuk are available for different economic situations of countries and different investors. one type of sukuk is mozare'e which is the subject of this research. to do this, we have used financial indices of crops to compare moza...