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A problem faced by many instructors is that of designing exams that accurately assess the abilities of the students. Typically these exams are prepared several days in advance, and generic question scores are used based on rough…

Computers and Society · Computer Science 2018-11-07 Sam Ganzfried , Farzana Yusuf

In this note we compare two measures of the complexity of a class $\mathcal F$ of Boolean functions studied in (unconditional) pseudorandomness: $\mathcal F$'s ability to distinguish between biased and uniform coins (the coin problem), and…

Computational Complexity · Computer Science 2020-09-01 Rohit Agrawal

The procedure of tossing quantum coins and dice is described. This case is an important example of a quantum procedure because it presents a typical framework employed in quantum information processing and quantum computing. The emphasis is…

Quantum Physics · Physics 2021-05-26 V. I. Yukalov

The primary objective of this note is to revisit the two envelope problem and propose a simple resolution. It is argued that the paradox arises from the ambiguity associated with the money content $x of the chosen envelope. When X=x is…

Methodology · Statistics 2013-01-03 Aris Spanos

We study the problem of universal quantum cloning -- taking several identical copies of a pure but unknown quantum state and producing further copies. While it is well known that it is impossible to perfectly reproduce the state, how well…

Quantum Physics · Physics 2016-08-09 Alastair Kay

We study the famous mathematical puzzle of prisoners and hats. We introduce a framework in which various variants of the problem can be formalized. We examine three particular versions of the problem (each one in fact a class of problems)…

Combinatorics · Mathematics 2018-01-08 Petr Glivický

This paper is about the Coupon collector's problem. There are some coupons, or baseball cards, or other plastic knick-knacks that are put into bags of chips or under soda bottles, etc. A collector starts collecting these trinkets and wants…

Probability · Mathematics 2020-03-11 Rohit Pandey

The no-cloning theorem asserts that, unlike classical information, quantum information cannot be copied. This seemingly undesirable phenomenon is harnessed in quantum cryptography. Uncloneable cryptography studies settings in which the…

Quantum Physics · Physics 2022-10-27 Or Sattath

We suggest an original physical approach to describe the mechanism of market pricing. The core of our approach is to consider pricing at different time scales separately, using independent equations of motion. Such an approach leads to a…

Statistical Finance · Quantitative Finance 2014-06-24 Denis M. Filatov , Maksim A. Vanyarkho

We introduce and analyze several variations of Penney's game aimed to find a more equitable game.

We introduce a private quantum money scheme with the note verification procedure based on Sampling Matching, a problem in the one-way communication complexity model introduced by Kumar et al.[Nature Communications 10, Article number: 4152].…

Quantum Physics · Physics 2019-11-22 Niraj Kumar

Designed to compete with fiat currencies, bitcoin proposes it is a crypto-currency alternative. Bitcoin makes a number of false claims, including: solving the double-spending problem is a good thing; bitcoin can be a reserve currency for…

Computational Engineering, Finance, and Science · Computer Science 2018-07-06 Brian P. Hanley

We review different classes of cryptocurrencies with emphasis on their economic properties. Pure-asset coins such as Bitcoin, Ethereum and Ripple are characterized by not being a liability of any economic agent and most resemble commodities…

General Economics · Economics 2021-09-22 Matheus R. Grasselli , Alexander Lipton

While classical money can be copied, it is impossible to copy quantum money in principle, with only the bank that issues it knowing how to generate it, meaning only the bank can make exact copies. Not all reliable banks, such as central…

Quantum Physics · Physics 2022-05-20 Yuichi Sano

The article develops a parametric model of fairness called "$\varepsilon$-fairness" that can be represented using a single second-order cone constraint and incorporated into existing decision-making problem formulations without impacting…

Optimization and Control · Mathematics 2024-12-09 Kaarthik Sundar , Deepjyoti Deka , Russell Bent

We show that the phenomenon of anomalous weak values is not limited to quantum theory. In particular, we show that the same features occur in a simple model of a coin subject to a form of classical backaction with pre- and post-selection.…

Quantum Physics · Physics 2014-09-19 Christopher Ferrie , Joshua Combes

Given a set of $n$ integer-valued coin types and a target value $t$, the well-known change-making problem asks for the minimum number of coins that sum to $t$, assuming an unlimited number of coins in each type. In the more general…

Data Structures and Algorithms · Computer Science 2021-10-07 Timothy M. Chan , Qizheng He

We discuss counterintuitive aspects of probabilities for systems of identical particles obeying quantum statistics. Quantum coins and children (two level systems) and quantum dice (many level systems) are used as examples. It is emphasized…

Quantum Physics · Physics 2009-10-31 Chi-Keung Chow , Thomas D. Cohen

Fake currency, unauthorized imitation money lacking government approval, constitutes a form of fraud. Particularly in Afghanistan, the prevalence of fake currency poses significant challenges and detrimentally impacts the economy. While…

Machine Learning · Computer Science 2023-05-25 Hamida Ashna , Ziaullah Momand

We generalize the problem of coin flipping to more than two outcomes and parties. We term this problem dice rolling, and study both its weak and strong variants. We prove by construction that in quantum settings (i) weak N-sided dice…

Quantum Physics · Physics 2015-05-14 N. Aharon , J. Silman
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