Quantum English Auctions
Quantum Physics
2007-05-23 v1 Condensed Matter
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.
Keywords
Cite
@article{arxiv.quant-ph/0108017,
title = {Quantum English Auctions},
author = {E. W. Piotrowski and J. Sladkowski},
journal= {arXiv preprint arXiv:quant-ph/0108017},
year = {2007}
}
Comments
13 pages, 4 figures, LaTeX: no special macros