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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)

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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File URL: http://128.118.178.162/eps/game/papers/0103/0103003.tex
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File URL: http://128.118.178.162/eps/game/papers/0103/0103003.pdf
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Bibliographic Info

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

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Length: 10 pages
Date of creation: 10 Apr 2001
Date of revision:
Handle: RePEc:wpa:wuwpga:0103003

Note: Type of Document - LaTeX; prepared on IBM PC - PC-TEX; to print on HP/PostScript/Franciscan monk; pages: 10; figures: no figures. No special macro is required
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Web page: http://128.118.178.162

Related research

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

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Citations

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Cited by:
  1. Piotrowski, Edward W. & Sładkowski, Jan, 2005. "Quantum diffusion of prices and profits," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 345(1), pages 185-195.
  2. Edward W. Piotrowski & Jan Sladkowski, . "Trading by Quantum Rules - Quantum Anthropic Principle," Departmental Working Papers 9, University of Bialtystok, Department of Theoretical Physics.
  3. Edward W. Piotrowski & Jan Sladkowski, . "Quantum diffusion of prices and profits," Departmental Working Papers 12, University of Bialtystok, Department of Theoretical Physics.
  4. Jan Sladkowski & Edward W. Piotrowski, . "Risk in Quantum Market Games (in Polish)," Departmental Working Papers 117pl, University of Bialtystok, Department of Theoretical Physics.
  5. E. W. Piotrowski & J. Sladkowski, 2007. "Quantum Auctions: Facts and Myths," Papers 0709.4096, arXiv.org.
  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.
  7. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Games and Programmable Quantum Systems," Departmental Working Papers 22, University of Bialtystok, Department of Theoretical Physics.
  8. Ireneusz Pakula & Edward W. Piotrowski & Jan Sladkowski, . "Universality of Measurements on Quantum Markets," Departmental Working Papers 23, University of Bialtystok, Department of Theoretical Physics.
  9. Edward W. Piotrowski & Jan Sladkowski, . "Quantum Transmemetic Intelligence," Departmental Working Papers 27, University of Bialtystok, Department of Theoretical Physics.
  10. Edward W. Piotrowski & Jan Sladkowski, . "Quantum solution to the Newcomb's paradox," Departmental Working Papers 10, University of Bialtystok, Department of Theoretical Physics.
  11. Jan Sladkowski, . "Giffen paradoxes in quantum market games," Departmental Working Papers 14, University of Bialtystok, Department of Theoretical Physics.
  12. Edward W. Piotrowski & Jan Sladkowski & Jacek Syska, . "Interference of quantum market strategies," Departmental Working Papers 11, University of Bialtystok, Department of Theoretical Physics.
  13. Emmanuel Haven, 2008. "Private Information and the ‘Information Function’: A Survey of Possible Uses," Theory and Decision, Springer, vol. 64(2), pages 193-228, March.
  14. 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.
  15. Anna Szczypinska & Edward W. Piotrowski, . "Projective Market Model Approach to AHP Decision-Making," Departmental Working Papers 32, University of Bialtystok, Department of Theoretical Physics.
  16. Edward W. Piotrowski & Jan Sladkowski, . "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics.

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