We present a microscopic description of edge excitations in the quantu
m Hall effect which is analogous to Feynman's theory of superfluids. A
nalytic expressions for the excitation energies are derived in finite
dots at integer filling. Our predictions are in excellent agreement wi
th the results of a recent numerical diagonalization. In the limit of
large N, where N is the number of electrons, the dispersion law is pro
portional to q ln(1/q). For short range interactions it instead behave
s as q3. The same results are also derived using hydrodynamic theory o
f incompressible liquids.