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- Title
Quantum Stackelberg oligopoly.
- Authors
Lo, C. F.; Yeung, C. F.
- Abstract
We have applied the "minimal" quantization scheme to investigate the quantization of the classical Stackelberg oligopoly. In particular, we have examined how the quantum entanglement affects the first-mover advantage in the Stackelberg game. It is found that the first-mover advantage can be destroyed and turn into a disadvantage under appropriate conditions. That is, the second-mover advantage can be realized in the quantum Stackelberg oligopoly. This surprising feature raises a challenging question to each of the players in the quantum game: "Should I move first or not?"
- Subjects
OLIGOPOLIES; QUANTUM entanglement
- Publication
Quantum Information Processing, 2022, Vol 21, Issue 3, p1
- ISSN
1570-0755
- Publication type
Article
- DOI
10.1007/s11128-022-03423-x