Universality of measurements on quantum markets

Ireneusz Pakuła, Edward Piotrowski () and Jan Sladkowski ()

Physica A: Statistical Mechanics and its Applications, 2007, vol. 385, issue 1, 397-405

Abstract: 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 result in more effective markets and capital flow into hands of the most efficient traders. Here we focus upon the problem of universality of measurement in quantum market games offering a possible method of implementation if the necessary technologies would be available. It can be also used to analyse material commitments that elude description in orthodox game-theoretic terms.

Keywords: Quantum games; Quantum strategies; Quantum information theory; Quantum markets; Quantum finance (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:385:y:2007:i:1:p:397-405

DOI: 10.1016/j.physa.2007.06.020

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