Abstract:Based on boundary rationality and relative profit maximization, quantum game theory is applied to develop a dynamic model of the quantum Cournot duopoly game. We investigate the effect of quantum properties on game stability and nonlinear dynamics. The results show that quantum entanglement can improve the model’s stability and control the generation of bifurcation and chaos when comparing the classical game and the game without considering relative profit maximization. It facilitates the player’s choice of qu… Show more
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