Spatial simulation of the quantum Bertrand duopoly game

Ramon Alonso-Sanz and Andrew Adamatzky

Physica A: Statistical Mechanics and its Applications, 2020, vol. 557, issue C

Abstract: The quantum Bertrand duopoly game is studied in this work via spatial numerical simulation. It is found that the implemented simulation converges to the Pareto optimal solution if the prices are strongly entangled, even if such a solution is not in Nash equilibrium.

Keywords: Bertrand duopoly; Game; Simulation; Quantum (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:557:y:2020:i:c:s0378437120304490

DOI: 10.1016/j.physa.2020.124867

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