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|Title:||Backwards-induction outcome in a quantum game|
|Citation:||Physical Review A, 2002; 65(5):052328-1-052328-8|
|Publisher:||American Physical Society|
|A. Iqbal and A. H. Toor|
|Abstract:||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 the “leader-follower” model. We give a quantum perspective on the Stackelberg duopoly that gives a backwards-induction outcome same as the Nash equilibrium in the static form of duopoly also known as the Cournot’s duopoly. We find the two-qubit quantum pure states required for this purpose.|
|Rights:||©2002 The American Physical Society|
|Appears in Collections:||Electrical and Electronic Engineering publications|
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