Quantum approach to Bertrand duopoly

Quantum approach to Bertrand duopoly The aim of the paper is to study the Bertrand duopoly example in the quantum domain. We use two ways to write the game in terms of quantum theory. The first one adapts the Li–Du–Massar scheme for the Cournot duopoly. The second one is a simplified model that exploits a two qubit entangled state. In both cases, we focus on finding Nash equilibria in the resulting games. Our analysis allows us to take another look at the classic model of Bertrand. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Quantum Information Processing Springer Journals

Quantum approach to Bertrand duopoly

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Publisher
Springer US
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Physics; Quantum Information Technology, Spintronics; Quantum Computing; Data Structures, Cryptology and Information Theory; Quantum Physics; Mathematical Physics
ISSN
1570-0755
eISSN
1573-1332
D.O.I.
10.1007/s11128-016-1355-3
Publisher site
See Article on Publisher Site

Abstract

The aim of the paper is to study the Bertrand duopoly example in the quantum domain. We use two ways to write the game in terms of quantum theory. The first one adapts the Li–Du–Massar scheme for the Cournot duopoly. The second one is a simplified model that exploits a two qubit entangled state. In both cases, we focus on finding Nash equilibria in the resulting games. Our analysis allows us to take another look at the classic model of Bertrand.

Journal

Quantum Information ProcessingSpringer Journals

Published: Jun 4, 2016

References

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