Existence of equilibria in quantum Bertrand-Edgeworth duopoly game

Details Existence of equilibria in quantum Bertrand-Edgeworth duopoly game Existence of equilibria in quantum Bertrand-Edgeworth duopoly game

2010-03-24

arxiv.org/abs/1003.4649v1

Physics

Quantum Physics

8 pages, 1 figure

Scientific paper

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.

Affiliated with

Also associated with

No associations

Rating

Existence of equilibria in quantum Bertrand-Edgeworth duopoly game does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Existence of equilibria in quantum Bertrand-Edgeworth duopoly game, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Existence of equilibria in quantum Bertrand-Edgeworth duopoly game will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-57226