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Quantum English Auctions

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Author Info
Edward W. Piotrowski ()
Jan Sladkowski ()

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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.

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File URL: http://alpha.uwb.edu.pl/ep/RePEc/sla/eakjkl/6.pdf
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Paper provided by University of Bialtystok, Department of Theoretical Physics in its series Departmental Working Papers with number 6.

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Handle: RePEc:sla:eakjkl:6

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  1. Jan Sladkowski, . "Giffen paradoxes in quantum market games," Departmental Working Papers 14, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  2. Edward W. Piotrowski & Jan Sladkowski, . "Trading by Quantum Rules - Quantum Anthropic Principle," Departmental Working Papers 9, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  3. Edward W. Piotrowski & Jan Sladkowski, . "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  4. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Auctions: Facts and Myths," Departmental Working Papers 29, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  5. Edward W. Piotrowski & Jan Sladkowski & Jacek Syska, . "Interference of quantum market strategies," Departmental Working Papers 11, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  6. Jan Sladkowski & Edward W. Piotrowski, . "Risk in Quantum Market Games (in Polish)," Departmental Working Papers 117pl, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
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