Abstract

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.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.