Backwards-induction outcome in a quantum game

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Backwards-induction Outcome in a Quantum Game

In economics duopoly is a market dominated by two firms large enough to influence the market price. Stackelberg presented a dynamic form of duopoly that is also called ‘leader-follower’ model. We give a quantum perspective on Stackelberg duopoly that gives a backwards-induction outcome same as the Nash equilibrium in static form of duopoly also known as Cournot’s duopoly. We find two qubit quan...

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In economics duopoly is a market dominated by two firms large enough to influence the market price. Stackelberg presented a dynamic form of duopoly that is also called 'leader-follower' model. We give a quantum perspective on Stackelberg duopoly that gives a backwards-induction outcome same as the Nash equilibrium in static form of duopoly also known as Cournot's duopoly. We find two qubit quan...

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ژورنال

عنوان ژورنال: Physical Review A

سال: 2002

ISSN: 1050-2947,1094-1622

DOI: 10.1103/physreva.65.052328