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- Publisher
- Springer Journals
- Copyright
- Copyright © 2011 by Springer Science+Business Media, LLC
- Subject
- Physics; Quantum Information Technology, Spintronics; Quantum Computing; Data Structures, Cryptology and Information Theory; Quantum Physics; Mathematical Physics
- ISSN
- 1570-0755
- eISSN
- 1573-1332
- DOI
- 10.1007/s11128-011-0276-4
- Publisher site
- See Article on Publisher Site
Abstract
Both classical and quantum version of two models of price competition in duopoly market, the one is realistic and the other is idealized, are investigated. The pure strategy Nash equilibria of the realistic model exists under stricter condition than that of the idealized one in the classical form game. This is the problem known as Edgeworth paradox in economics. In the quantum form game, however, the former converges to the latter as the measure of entanglement goes to infinity.
Journal
Quantum Information Processing – Springer Journals
Published: Aug 21, 2011