2017
DOI: 10.1016/j.physa.2017.01.016
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Profit intensity and cases of non-compliance with the law of demand/supply

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Cited by 10 publications
(10 citation statements)
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“…Whenever the phase factor is excluded, calculations revealed that NEs in irrational quantum games mimic those in rational classical games and are independent of the bistability parameter, i.e., the degree of deviation from a rational choice. In addition, it is worthwhile to mention that application of quantum games in cognitive science have been generalized to contextuality scenarios, for example see [44,45,46,47], in which intransitive and transitive preferences have been studied. In fact, the bistable framework exhibits some potential to model contextuality [29] and future work will be directed to the modelling of contextuality in games.…”
Section: Discussionmentioning
confidence: 99%
“…Whenever the phase factor is excluded, calculations revealed that NEs in irrational quantum games mimic those in rational classical games and are independent of the bistability parameter, i.e., the degree of deviation from a rational choice. In addition, it is worthwhile to mention that application of quantum games in cognitive science have been generalized to contextuality scenarios, for example see [44,45,46,47], in which intransitive and transitive preferences have been studied. In fact, the bistable framework exhibits some potential to model contextuality [29] and future work will be directed to the modelling of contextuality in games.…”
Section: Discussionmentioning
confidence: 99%
“…As shown in Table 2, demand and price are the most important criteria that scholars have probed in recent years, while the impact of knowledge and quality is less investigated. Makowski, Piotrowski, Sładkowski, and Syska (2017) have emphasized the importance of price on demand. They argue that price can cause irreparable damage to demand and SC managers need to prioritize their pricing strategy.…”
Section: Basic Concepts and Literature Reviewmentioning
confidence: 99%
“…where f 1 , f 2 are appropriate probability density function, in general case they are different due to various properties of the market (monopoly, specific market regulations, taxes). The value of the supply function CDF s (x) is given by the probability of the purchase of a unit at the price ≤ e x (and analogously in the case of demand, for more details see [30,28]).…”
Section: Analogies Between Supply/demand Curves and Quantum Statesmentioning
confidence: 99%
“…One might by alerted by the appearance of negative probabilities [25,26,27] but they are well-defined theoretical concepts, like a negative of money. An interesting model for the study of the negative probability on markets where there are anomalies in the law of supply and demand are presented in [28].…”
Section: The Wigner Functions Of Marketmentioning
confidence: 99%