The aim of this paper is to examine the role of thermodynamics, and in particular, entropy, for
the development of economics within the last 150 years. The use of entropy has not only led …

This paper presents an overview and survey of a new type of game-theoretic setting based
on ideas emanating from quantum computing.(We provide a brief overview of quantum …

Abstract The Gorini-Kossakowski-Sudarshan-Lindblad equation allows us to model the
process of decision making in US elections. The crucial point we attempt to make is that the …

Based on bounded rationality and adaptive expectation, this paper sets up a dynamic
quantum Cournot duopoly game model by introducing quadratic costs instead of linear costs …

The aim of this paper is to investigate Cournot-type competition in the quantum domain with
the use of the Li-Du-Massar scheme for continuous-variable quantum games. We derive a …

Extensive number of models have been proposed in literature to describe the failure-repair-
failure process, with the aim of obtaining a better fit of failure data in a specific application …

The aim of the paper is to study the Bertrand duopoly example in the quantum domain. We
use two ways to write the game in terms of quantum theory. The first one adapts the Li–Du …

Our purpose is to study the Stackelberg duopoly with the use of the Li–Du–Massar quantum
duopoly scheme. The result of Lo and Kiang has shown that the correlation of players's …

The quantum moment in International Relations theory challenges the taken for granted
Newtonian assumptions of conventional theories, while offering a novel physical imaginary …

Abstract The Li–Du–Massar quantum duopoly model is one of the generally accepted
quantum game schemes. It has applications in a wide range of duopoly problems. Our …