Professor Emmanuel Haven
- Tel: +44 (0) 116 252 3955
- Email: firstname.lastname@example.org
- Office: Room 612, Level 6, Ken Edwards Building
- Office Hours: Monday 10:00am - 12:00 noon
Emmanuel has been a member of the ESRC (Economic & Social Research Council) Virtual Research College. He has also refereed for the EPSRC, National Science Foundation (NSF-USA) and the FWO (Belgium). He is a member of The Association of Business Schools (ABS) Programmes Steering Committee. He is director of the Institute of Finance and is a co-editor for 'Economics - The Open-Access, Open-Assessment E-Journal'. Emmanuel does research on how concepts from physics can be used in the social sciences (mainly economics and finance). Please see for instance: http://www.le.ac.uk/ulsm/research/qdt/index.html He also has an interest in other interdisciplinary applications. His social science publications have appeared (amongst others) in the Journal of Mathematical Psychology and the Journal of Economic Dynamics and Control. His physics based publications have appeared (amongst others) in Foundations of Physics and the International Journal of Theoretical Physics.
Emmanuel was nominated for 'I love my Academic Award' by the Students' Union and he also received in 2013 a Superstar Award by the Students' Union for his teaching.
Together with Dr. Fethi and Professors Phil Molyneux (Bangor); John Wilson (St. Andrews University) and Sergei Fedotov (University of Manchester), an ESRC seminar grant was won on the topic of: Financial Modelling Post 2008: Where Next? With Professors Aerts and D’Hooghe, Emmanuel received funding of Euro 236,000 (approximatively £230,000 ($340,000) from the Fund for Scientific Research (FWO, Government of Flanders, Belgium) to test a general economic theory for financial option pricing based on the mathematical formalisms of quantum mechanics. Together with Dr. Caraini, Emmanuel received funding from the British Academy (£7,000) to work on non-linear modelling of macroeconomic dynamics. With Dr. Hiromu Ishio, Emmanuel was awarded £3,000 from The Daiwa Anglo-Japanese Foundation for the funding of a reciprocal visit between Japan and the UK "to collaborate on research linking quantum physics and finance leading to a new joint project in financial engineering for practical application".
The 'Quantum Interaction 2013' conference was hosted at the University of Leicester on 25-27 July 2013. Derek Raine and Emmanuel Haven were the local chairs of this event. The proceedings of accepted papers will be published in the LNCS (Springer).
Emmanuel has been invited to give talks at the University of Oxford; University of California – Irvine (USA); Purdue University (USA) (in the ‘Winer memorial lectures’); Imperial College; City University (London); Durham University; University of Essex; Aston University; Brunel University; Romanian Academy (Institute for Economic Forecasting); University of Northern Arizona (USA) and other universities.
Applications of physics concepts in social science; applications of wavelet analysis; uses of differential equations in economics and finance
Emmanuel would be interested in supervising PhD study in the following areas:
- Interdisciplinary applications in economics and finance.
Derivative Pricing I (BA Management Studies year three option module)
Derivative Pricing II (BA Management Studies year three option module)
Foundations of Financial Analysis and Investment (MSc Finance; MSc Accounting and Finance; MSc Management, Finance and Accounting)
Financial Option Pricing (MSc Finance)
Economics (MSc Actuarial Science, Department of Mathematics)
Quantum Finance and Social Sciences (Department of Physics and Astronomy)
Group Leader - Finance
Most Recent Publications
Khrennikov, A. and Haven, E. (2013) ‘Our quantum society’, NewScientist, July 6 Issue, 26-27.
Khrennikov , A and Haven, E. (2013) ‘Quantumwetten voor sociaal gedrag’, NewScientist, September 2013 Issue, 80-81.
Khrennikova, P and Haven, E and Khrennikov, A. (2013) ‘An application of the theory of open quantum systems to model the dynamics of party governance in the US Political System’, International Journal of Theoretical Physics, doi: DOI 10.1007/s10773-013-1931-6.
Haven, E and Khrennikov, A. (2013) ‘Quantum-like tunnelling and levels of arbitrage’, International Journal of Theoretical Physics, 52: 4083-4099
Caraiani, P., Haven, E. (2013) 'The role of recurrence plots in characterizing the output-unemployment relationship: an analysis', PLoS ONE, 8(2): e56767-e56767. Doi: 10.1371/journal.pone.0056767.
Haven, E., Ma, C. , Liu, H. and Shen, L. (2009) ‘Revealing the implied risk-neutral MGF with the wavelet method’, Journal of Economic Dynamics and Control, 33: 692-709.
Haven, E.; Liu, X.; Shen, L. (2012) 'De-noising Option Prices with the Wavelet Method'; European Journal of Operational Research, 222; 104-112.
Stradi, B., Haven, E. (2010) ‘The use of interval arithmetic in solving a nonlinear rational expectation based multiperiod output-inflation process model: the case of the IN/GB method’, European Journal of Operational Research, 203; 222-229.
Khrennikov, A., Haven, E. (2009) ‘Quantum mechanics and violations of the sure-thing principle: the use of probability interference and other concepts’, Journal of Mathematical Psychology, 53; 378-388.
Haven, E. and Khrennikov, A. (2013). Quantum Social Science. Cambridge University Press – Cambridge (UK).
Aerts, D.; d’Hooghe, B.; Haven, E. (2010) ‘Quantum Experimental Data in Psychology and Economics’; International Journal of Theoretical Physics; 49(12), 2971-2990.
Haven, E. (2011) ‘Ito’s Lemma with Quantum Calculus: Some Implications’; Foundations of Physics; 41(3),529-.
Haven, E. (2010) ‘The Blackwell and Dubins Theorem and Rényi’s Amount of Information Measure: Some Applications’, Acta Applicandae Mathematicae, 109; 743-757.
Ishio, H., Haven, E. (2009) ‘Information in asset pricing: a wave function approach’, Annalen der Physik, 18(1): 33-44.
Listing of selected publications
M. d'Ariano; S. M. Fei; E. Haven; B. Hiesmayr; G. Jaeger; A. Khrennikov; J. A. Larsson (Editors) (2012); Foundations of Probability and Physics - 6; American Institute of Physics Proceedings; 1424.
C. Rangacharyulu; E. Haven (Editors) (2010); Proceedings of the First Interdisciplinary CHESS Interactions Conference” (held at the University of Saskatchewan – Canada (August 2009) – Canada) ; World Scientific Publishers (Imperial College Press).
Haven , E. (2009) ‘Quantum calculus (q-calculus) and option pricing: a brief introduction’; Lecture Notes in Computer Science (Springer); 5494; 308-314.
Haven E. (2008) Private information and the 'information function': a survey of possible uses. Theory and Decision, 64 193-228.
Haven, E. (2008), The Variation of Financial Arbitrage via the Use of an Information Wave Function. International Journal of Theoretical Physics; 47; 193-199.
Haven E. (2006) Pilot-wave theory and financial option pricing, International Journal of Theoretical Physics 44 (11); 1957-1962.
B. Stradi and Haven E. (2005) Optimal Investment Strategy via Interval Arithmetic. International Journal of Theoretical and Applied Finance 8, 185-206.
Haven E. (2005) Analytical solutions to the backward Kolmogorov PDE via an adiabatic approximation to the Schrodinger PDE. Journal of Mathematical Analysis and Applications 311, 439-444.
Haven E. (2005) Emergence of Fuzzy Preference for Risk in a Birkhoff-von Neumann Logics Environment. Fuzzy Sets and Systems 153(1), 29-43.
Haven E. (2005) The financial relevance of fuzzy stochastic dominance: a brief note. Fuzzy Sets and Systems 152 (3), 467-473.
Haven E. (2002) Fuzzy Interval and Semi-Orders. European Journal of Operational Research 139, 302-316.