Quantum approach to Bertrand duopoly

DOI10.1007/S11128-016-1355-3zbMATH Open1348.81137DBLPjournals/qip/FrackiewiczS16arXiv1511.06892OpenAlexW2964234963WikidataQ62048909 ScholiaQ62048909MaRDI QIDQ331408FDOQ331408

Authors: Piotr Frąckiewicz, Jan Sładkowski 

Publication date: 27 October 2016

Published in: Quantum Information Processing (Search for Journal in Brave)

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.

Full work available at URL: https://arxiv.org/abs/1511.06892

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zbMATH Keywords

Nash equilibriumquantum gameBertrand duopoly

Mathematics Subject Classification ID

Applications of game theory (91A80) 2-person games (91A05) Quantum information, communication, networks (quantum-theoretic aspects) (81P45)

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Cited In (25)

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• Experimental demonstration of conflicting interest nonlocal games using superconducting qubits
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• Complex dynamics and chaos control of a quantum Stackelberg game with heterogeneous players
• Nonlinear dynamics of a quantum Cournot duopoly game with heterogeneous players
• Simulation of the quantum Bertrand-Edgeworth game
• On subgame perfect equilibria in quantum Stackelberg duopoly with incomplete information
• Quantum Bertrand duopoly of incomplete information
• On subgame perfect equilibria in quantum Stackelberg duopoly
• Nonlinear dynamics in a heterogeneous quantum Cournot duopoly game with isoelastic demand
• The free-rider in the quantum Stackelberg duopoly game
• The dynamics of a quantum Bertrand duopoly with differentiated products and heterogeneous expectations
• Quantum approach to Cournot-type competition
• Quantum game approach for capacity allocation decisions under strategic reasoning
• Spatial simulation of the quantum Bertrand duopoly game
• Quantum Cournot equilibrium for the Hotelling-Smithies model of product choice
• Existence of equilibria in quantum Bertrand-Edgeworth duopoly game
• Quantum Stackelberg-Bertrand duopoly
• Quantum Bertrand duopoly with differentiated products
• Simulation of the quantum Cournot duopoly game
• Appropriate quantization of asymmetric games with continuous strategies
• Land bidding game with conflicting interest and its quantum solution
• Quantum Cournot duopoly game with isoelastic demand function
• Quantum Cournot model based on general entanglement operator
• Quantum horse racing game

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