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Type: Journal article
Title: Backwards-induction outcome in a quantum game
Author: Iqbal, A.
Toor, A.
Citation: Physical Review A, 2002; 65(5):052328-1-052328-8
Publisher: American Physical Society
Issue Date: 2002
ISSN: 1050-2947
Statement of
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
RMID: 0030043488
DOI: 10.1103/PhysRevA.65.052328
Appears in Collections:Electrical and Electronic Engineering publications

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