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Quantum English Auctions

Author

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  • Edward W. Piotrowski
  • Jan Sladkowski

Abstract

We continue the analysis of quantum-like description of markets and economics. The approach has roots in the recently developed quantum game theory and quantum computing. The present paper is devoted to quantum English auction which are a special class of quantum market games. The approach allows to calculate profit intensities for various possible strategies.

Suggested Citation

  • Edward W. Piotrowski & Jan Sladkowski, "undated". "Quantum English Auctions," Departmental Working Papers 6, University of Bialtystok, Department of Theoretical Physics.
    • Handle: RePEc:sla:eakjkl:6
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    Cited by:

    1. Piotrowski, Edward W. & Sładkowski, Jan, 2008. "Quantum auctions: Facts and myths," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(15), pages 3949-3953.
    2. Edward W. Piotrowski & Jan Sladkowski, "undated". "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics.
    3. Piotrowski, Edward W. & Sładkowski, Jan & Syska, Jacek, 2003. "Interference of quantum market strategies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 318(3), pages 516-528.
    4. Sładkowski, Jan, 2003. "Giffen paradoxes in quantum market games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 234-240.
    5. Edward W. Piotrowski & Jan Sladkowski, "undated". "Trading by Quantum Rules - Quantum Anthropic Principle," Departmental Working Papers 9, University of Bialtystok, Department of Theoretical Physics.
    6. Jan Sladkowski & Edward W. Piotrowski, "undated". "Risk in Quantum Market Games (in Polish)," Departmental Working Papers 117pl, University of Bialtystok, Department of Theoretical Physics.

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