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Quantum English Auctions

2001/08/03 by E. W. Piotrowski, Piotrowski, E. W., J. Sladkowski +1
Physics and Astronomy · #Condensed Matter (cond-mat) #FOS: Physical sciences #Quantum Physics (quant-ph) #cond-mat #quant-ph

paper · pdf · doi:10.48550/arxiv.quant-ph/0108017

13 pages, 4 figures, LaTeX: no special macros

arxiv created 2001/08/03 · arxiv updated 2009/11/30

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.

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