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 - 12:00noon
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); the Leverhulme Trust; 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). Together with Dr Sandro Sozzo he created the new 'Institute for Quantum Social and Cognitive Science (IQSCS)'
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; International Journal of Theoretical Physics and Physica Scripta.
Emmanuel was nominated for the 'I love my Academic Award' by the Students' Union. He also received both in 2013 and in 2014 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 Dideriek Aerts and Bart 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 are published in the LNCS (Springer).
Emmanuel is also co-organiser with Andrei Khrennikov and Jerome Busemeyer; Ehtibar Dzhafarov; Arkady Plotnitsky and Emmanuel Pothos of the conference 'Quantum Probability and the mathematical modelling of decision making' (9-11 March 2015). This event is financially supported by the 'Fields Institute' - University of Toronto.
Within the conference 'Quantum Theory: from foundations to technologies (QTFT)' (Andrei Khrennikov - main organiser), a special session, joint with Andrei Khrennikov, Sandro Sozzo, Ehtibar Dzhafarov is organised on the theme of: 'Quantum-like models in economics and psychology'.
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); Fudan University (Shanghai, China); University of Nottingham (Ningbo, China) 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 students 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
Co-Director of the BSc Accounting and Finance programme
Haven, E.; Molyneux, Ph. ; Wilson, J.; Fedotov, S.; Duygun, M. (2015). The Handbook of Post Crisis Financial Modelling. Palgrave MacMillan Handbook Series. Forthcoming.
Haven, E.; Khrennikov, A. (2015). The Palgrave Handbook of Quantum Models in Social Science. Palgrave MacMillan Handbook Series. Forthcoming.
Haven, E.; Khrennikov, A.; Robinson, T. (2015). A First Course in Applying Quantum Physics to Social Science. Imperial College Press. Forthcoming.
Haven, E.; Khrennikov, A. (2013). Quantum Social Science. Cambridge University Press – Cambridge (UK).
d'Ariano, M.; Fei, S.M.; Haven, E.; Hiesmayr, B.; Jaeger, G.; Khrennikov, A.; Larsson, J.A. (Editors) (2012) Foundations of Probability and Physics - 6; American Institute of Physics Proceedings; 1424.
Haven, E.; Khrennikov, A. (2013). How the rules of quantum mechanics can help make sense of complex social systems. New Scientist. July 6 Issue, 26-27.
Haven, E.; Khrennikov, A. (2013). Quantum mechanica en de sociale wetenschappen, New Scientist (Dutch Version). September 2013 Issue, 80-81.
Selected Refereed Journal Articles
Haven , E; Khrennikov, A. (2015). Editors of the special issue: ‘Selected Papers from the Fields Institute Conference ‘Quantum Probability and the Mathematical Modelling of Decision Making’’. The Royal Society. Philosophical Transactions A. Forthcoming
Bagarello, F.; Haven, E. (2015) ‘Towards a formalization of a two traders market with information exchange’. Physica Scripta. 90 015203. This article was chosen as an 'IOP Select Article'.
Caraini, P.; Haven, E. (2015) ‘Evidence of Multifractality from CEE Exchange Rates against Euro’. Physica A, 419 (395-407).
Bagarello, F.; Haven, E. (2014) ‘The role of information in a two traders market’. Physica A, 404 (224-233).
Khrennikova, P.; Haven, E; Khrennikov, A. (2014) ‘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, 53 (4) (1346-1360).
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.; Khrennikov, A. (2013). ‘Quantum-Like Tunnelling and Levels of Arbitrage’. International Journal of Theoretical Physics, 52 (4083-4099).
Haven, E.; Liu, X.; Shen, L. (2012). ‘De-noising Option Prices with the Wavelet Method’. European Journal of Operational Research, 222 (104-112).
Haven, E. (2011) ‘Ito’s Lemma with Quantum Calculus: Some Implications’. Foundations of Physics, 41(3),529-.
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 (1) (222-229).
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. (2010). ‘The Blackwell and Dubins Theorem and Rényi’s Amount of Information Measure: Some Applications’. Acta Applicandae Mathematicae, 109 (3) (743-757).
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 (5) (378-388).
Haven, E.; Ma, C. ; Liu, H.; Shen, L. (2009). ‘Revealing the implied risk-neutral MGF with the wavelet method’. Journal of Economic Dynamics and Control, 33 (3) (692-709).
Ishio, H.; Haven, E. (2009). ‘Information in asset pricing: a wave function approach’. Annalen der Physik, 18(1) (33-44).
Haven, E. (2008). ‘Private Information and the ‘Information function’’. Theory and Decision, 64 (2-3)( 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).
Stradi, B.; 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 Schrödinger 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.
Haven E. (2014). ‘Financial payoff functions and potentials’; Lecture Notes in Computer Science (Springer); forthcoming.
Busca, G.; Haven, E.; Jovanonic, F.; Schinckus, C. (2014). ‘The optimal hedge ratio in option pricing: the case of exponentially truncated Levy stable distribution’. Theoretical Economics Letters, 4 (760-766).
Rangacharyulu C.; Haven, E.; Juurlink, B. H.J. (Editors) (2012) Proceedings of the Second Interdisciplinary CHESS Interactions Conference (held at the University of Saskatchewan - Canada (September 2012) - Canada); World Scientific Publishers.
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.
Haven , E. (2009). ‘Quantum calculus (q-calculus) and option pricing: a brief introduction’; Lecture Notes in Computer Science (Springer); 5494; 308-314.
Haven, E. (1998). ‘Preliminary aspects on the development of a choice method for determining a best fitting dependent fuzzy transitivity definition’. Fuzzy Economic Review, 3 (59-78).
Haven, E. (1996). ‘The use of revealed preference in a fuzzy setting, some preliminary results’. Fuzzy Economic Review, 1 (55-73).