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Quantum Market Games

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Author Info
E. W. Piotrowski (University of Bialystok, Bialystok, Poland)
J. Sladkowski (University of Silesia, Katowice, Poland)

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Abstract

We propose a quantum-like description of markets and economics. The approach has roots in the recently developed quantum game theory. Quantum Zeno paradoxes and noncomutative quantum mecanics are also discussed.

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Publisher Info
Paper provided by EconWPA in its series Game Theory and Information with number 0103003.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 10 pages
Date of creation: 10 Apr 2001
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Handle: RePEc:wpa:wuwpga:0103003

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Related research
Keywords: game theory; quantum games; market theory; low of supply and demand;

Other versions of this item:

Find related papers by JEL classification:
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
G12 - Financial Economics - - General Financial Markets - - - Asset Pricing

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Cited by:
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  1. Ireneusz Pakula & Edward W. Piotrowski & Jan Sladkowski, . "Universality of Measurements on Quantum Markets," Departmental Working Papers 23, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  2. Jan Sladkowski, . "Giffen paradoxes in quantum market games," Departmental Working Papers 14, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  3. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Transmemetic Intelligence," Departmental Working Papers 27, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  4. Edward W. Piotrowski & Jan Sladkowski, . "Trading by Quantum Rules - Quantum Anthropic Principle," Departmental Working Papers 9, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  5. Katarzyna Miakisz & Edward W. Piotrowski & Jan Sladkowski, . "Quantization of Games: Towards Quantum Artificial Intelligence," Departmental Working Papers 21, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  6. Edward W. Piotrowski, . "Fixed point theorem for simple quantum strategies in quantum market games," Departmental Working Papers 13, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  7. Edward W. Piotrowski & Jan Sladkowski, . "Quantum diffusion of prices and profits," Departmental Working Papers 12, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  8. Edward W. Piotrowski & Jan Sladkowski, . "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  9. Anna Szczypinska & Edward W. Piotrowski, . "Projective Market Model Approach to AHP Decision-Making," Departmental Working Papers 32, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  10. Edward W. Piotrowski & Jan Sladkowski, . "Quantum solution to the Newcomb's paradox," Departmental Working Papers 10, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  11. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Auctions: Facts and Myths," Departmental Working Papers 29, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  12. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Games and Programmable Quantum Systems," Departmental Working Papers 22, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  13. Edward W. Piotrowski & Jan Sladkowski & Jacek Syska, . "Interference of quantum market strategies," Departmental Working Papers 11, University of Bialtystok, Department of Theoretical Physics. [Downloadable!]
  14. 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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