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Quantum Stackelberg–Bertrand duopoly

We apply Li et al.’s “minimal” quantization rules (Phys. Lett. A 306 , 73, 2002) to investigate the quantum version of the Stackelberg–Bertrand duopoly, especially how the quantum entanglement affects the second-mover advantage in the Stackelberg–Bertrand duopoly. It is found that positive quantum e...

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Bibliographic Details
Published in:Quantum information processing 2020-10, Vol.19 (10), Article 373
Main Authors: Lo, C. F., Yeung, C. F.
Format: Article
Language:English
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Summary:We apply Li et al.’s “minimal” quantization rules (Phys. Lett. A 306 , 73, 2002) to investigate the quantum version of the Stackelberg–Bertrand duopoly, especially how the quantum entanglement affects the second-mover advantage in the Stackelberg–Bertrand duopoly. It is found that positive quantum entanglement is more favourable to the profit of the leader and destroys the second-mover advantage.
ISSN:1570-0755
1573-1332
DOI:10.1007/s11128-020-02886-0