Edward W. Piotrowski
Encyclopedia
Edward W. Piotrowski is head of the Applied Mathematics Group at the University of Białystok, Poland
. He is notable for the analysis of quantum strategies, showing connections between the Kelly criterion
, thermodynamics
, and special theory of relativity. In the area of econophysics
, he discovered extremal properties of fixed point profits of elementary merchant tactics. He has published in the areas of statistical physics
, quantum game theory
, and econophysics
.
(Katowice) and earned his PhD and habilitation
from the University of Silesia
, under Andrzej Pawlikowski.
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
. He is notable for the analysis of quantum strategies, showing connections between the Kelly criterion
Kelly criterion
In probability theory, the Kelly criterion, or Kelly strategy or Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a series of bets. In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better than any...
, thermodynamics
Thermodynamics
Thermodynamics is a physical science that studies the effects on material bodies, and on radiation in regions of space, of transfer of heat and of work done on or by the bodies or radiation...
, and special theory of relativity. In the area of econophysics
Econophysics
Econophysics is an interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics...
, he discovered extremal properties of fixed point profits of elementary merchant tactics. He has published in the areas of statistical physics
Statistical physics
Statistical physics is the branch of physics that uses methods of probability theory and statistics, and particularly the mathematical tools for dealing with large populations and approximations, in solving physical problems. It can describe a wide variety of fields with an inherently stochastic...
, quantum game theory
Quantum game theory
Quantum game theory is an extension of classical game theory to the quantum domain. It differs from classical game theory in three primary ways:#Superposed initial states,#Quantum entanglement of initial states,...
, and econophysics
Econophysics
Econophysics is an interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics...
.
Education
He graduated in theoretical physics from the University of SilesiaUniversity of Silesia
The University of Silesia in Katowice is an autonomous state university in Silesia Province, Poland.The University of Silesia should not be confused with a similarly named university in Opava, Czech Republic ....
(Katowice) and earned his PhD and habilitation
Habilitation
Habilitation is the highest academic qualification a scholar can achieve by his or her own pursuit in several European and Asian countries. Earned after obtaining a research doctorate, such as a PhD, habilitation requires the candidate to write a professorial thesis based on independent...
from the University of Silesia
University of Silesia
The University of Silesia in Katowice is an autonomous state university in Silesia Province, Poland.The University of Silesia should not be confused with a similarly named university in Opava, Czech Republic ....
, under Andrzej Pawlikowski.