Uniqueness of Nash equilibria in a quantum Cournot duopoly game

A quantum Cournot game whose classical form game has multiple Nash equilibria is examined. Although the classical equilibria fail to be Pareto optimal, the quantum equilibrium exhibits the following two properties: (i) if the measurement of entanglement between strategic variables chosen by the comp...

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Published inJournal of physics. A, Mathematical and theoretical Vol. 43; no. 14; p. 145303
Main Authors Sekiguchi, Yohei, Sakahara, Kiri, Sato, Takashi
Format Journal Article
LanguageEnglish
Published Bristol IOP Publishing 09.04.2010
IOP
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Summary:A quantum Cournot game whose classical form game has multiple Nash equilibria is examined. Although the classical equilibria fail to be Pareto optimal, the quantum equilibrium exhibits the following two properties: (i) if the measurement of entanglement between strategic variables chosen by the competing firms is sufficiently large, the multiplicity of equilibria vanishes, and (ii) the more strongly the strategic variables are entangled, the more closely the unique equilibrium approaches to the optimal one.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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ISSN:1751-8121
1751-8113
1751-8121
DOI:10.1088/1751-8113/43/14/145303