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Recent development in quantum computation and quantum information theory allows to extend the scope of game theory for the quantum world. The paper is devoted to the analysis of interference of quantum strategies in quantum market games.
Persistent link: https://www.econbiz.de/10011058964
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 we consider as a special class of quantum market games. The...
Persistent link: https://www.econbiz.de/10011060925
Two of the authors have recently discussed financial markets operated by quantum computers—quantum market games. These “new markets” cannot by themselves create opportunity of making extraordinary profits or multiplying goods, but they may cause the dynamism of transaction which would...
Persistent link: https://www.econbiz.de/10011062000
A simple but nontrivial class of the quantum strategies in buying–selling games is presented. The player moves are a rational buying and an unconditional selling. The possibility of gaining extremal profits in such the games is considered. The entangled merchants hypothesis is proposed.
Persistent link: https://www.econbiz.de/10010590712