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The merchandising mathematician model: profit intensities

Author

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  • Piotrowski, E.W.
  • Sładkowski, J.

Abstract

A simple model of a buying–selling cycle is proposed. It is based on a notion of a profit intensity. Supply and demand curves and geometrical interpretation are discussed in this context.

Suggested Citation

  • Piotrowski, E.W. & Sładkowski, J., 2003. "The merchandising mathematician model: profit intensities," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 318(3), pages 496-504.
    • Handle: RePEc:eee:phsmap:v:318:y:2003:i:3:p:496-504
    DOI: 10.1016/S0378-4371(02)01373-0
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    Citations

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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. Wang, Yougui & Stanley, H.E., 2009. "Statistical approach to partial equilibrium analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(7), pages 1173-1180.
    3. Pakuła, Ireneusz & Piotrowski, Edward W. & Sładkowski, Jan, 2007. "Universality of measurements on quantum markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 385(1), pages 397-405.
    4. Edward W. Piotrowski & Jan Sladkowski & Anna Szczypinska, "undated". "Reinforcement Learning in Market Games," Departmental Working Papers 30, University of Bialtystok, Department of Theoretical Physics.
    5. Piotrowski, Edward W., 2003. "Fixed point theorem for simple quantum strategies in quantum market games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 196-200.
    6. Jankowski, Robert & Makowski, Marcin & Piotrowski, Edward W., 2014. "Parameter estimation by fixed point of function of information processing intensity," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 416(C), pages 558-563.
    7. Makowski, Marcin & Piotrowski, Edward W. & Sładkowski, Jan & Syska, Jacek, 2017. "Profit intensity and cases of non-compliance with the law of demand/supply," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 473(C), pages 53-59.
    8. 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.
    9. Marcin Makowski & Edward W. Piotrowski & Jan S{l}adkowski & Jacek Syska, 2015. "The intensity of the random variable intercept in the sector of negative probabilities," Papers 1503.07495, arXiv.org.

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