Existence of equilibria in quantum Bertrand-Edgeworth duopoly game
Quantum Physics
2010-03-25 v1
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.
Keywords
Cite
@article{arxiv.1003.4649,
title = {Existence of equilibria in quantum Bertrand-Edgeworth duopoly game},
author = {Yohei Sekiguchi and Kiri Sakahara and Takashi Sato},
journal= {arXiv preprint arXiv:1003.4649},
year = {2010}
}
Comments
8 pages, 1 figure