2
votes
0answers
57 views

Relationship between the Black-Scholes model and path integrals

This question was inspired by some interesting comments by Rod Vance on this answer: Minkowski spacetime: Is there a signature (+,+,+,+)? Could you (Rod), or someone else, expand on these comments ...
0
votes
0answers
46 views

A question about sign in Euclidean path integral

I have a question about the sign in the Euclidean path integral in Polchinski's string theory vol I, p 337. In page 335, Polchinski introduced path integral in Euclidean space $$ \langle q_f, U| ...
5
votes
2answers
251 views

Wick rotation in field theory - rigorous justification?

What is the rigorous justification of Wick rotation in QFT? I'm aware that it is very useful when calculating loop integrals and one can very easily justify it there. However, I haven't seen a ...
4
votes
1answer
197 views

From Minkowski to Euclidean Time in Path Integrals

I'm trying to prove the following equality: $$ <x_{f},\, it_{f}|x_{i},\, it_{i}>=\mathcal{N}\int_{\left\{ x\in\mathbb{R}^{\mathbb{R}}:\, x\left(t_{f}\right)=x_{f}\wedge ...
30
votes
4answers
1k views

How exact is the analogy between statistical mechanics and quantum field theory?

Famously, the path integral of quantum field theory is related to the partition function of statistical mechanics via a Wick rotation and there is therefore a formal analogy between the two. I have a ...
10
votes
1answer
361 views

Subtlety of analytic continuation - Euclidean / Minkowski path integral

I subconsciously feel not fully comfortable about Wick rotating or analytic continuation from Euclidean to Minkowski space. I simply wonder whether there is any subtlety here, and when we need to be ...
7
votes
3answers
397 views

Solving Quantum Tunnelling Without Wick Rotation

Edit It seems that I haven't written my question clearly enough, so I will try to develop more using the example of quantum tunnelling. As a disclaimer, I want to state that my question is not about ...
2
votes
1answer
275 views

Path integral & Gaussian integration

The following is from Ref. 1. Given the (Euclidean) action for a particle ($q$) coupled to a bath of harmonic oscillators $q_\alpha$. Goal is to find an effective action for the particle, e.g ...
12
votes
4answers
8k views

The meaning of imaginary time

What is imaginary (or complex) time? I was reading about Hawking's wave function of the universe and this topic came up. If imaginary mass and similar imaginary quantities do not make sense in ...