Quantum Model of Bertrand Duopoly

被引:22
|
作者
Khan, Salman [1 ]
Ramzan, M. [1 ]
Khan, M. K. [1 ]
机构
[1] Quaid I Azam Univ, Dept Phys, Islamabad 45320, Pakistan
关键词
STACKELBERG DUOPOLY; GAMES;
D O I
10.1088/0256-307X/27/8/080302
中图分类号
O4 [物理学];
学科分类号
0702 ;
摘要
We present a quantum model of Bertrand duopoly and study the entanglement behavior on the profit functions of the firms. Using the concept of optimal response of each firm to the price of the opponent, we find only one Nash equilibirum point for the maximally entangled initial state. The presence of quantum entanglement in the initial state gives payoffs higher to the firms than the classical payoffs at the Nash equilibrium. As a result, the dilemma-like situation in the classical game is resolved.
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页数:4
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