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Fixed point theorem for simple quantum strategies in quantum market games

Piotrowski, Edward W.

Published Oct 26, 2002• 14 citations
OpenAlex

Abstract

A simple but nontrivial class of the quantum strategies in buying-selling games is presented. The player moves are a rational buying and an unconditional selling. The possibility of gaining extremal profits in such the games is considered. The entangled merchants hypothesis is proposed.

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Fixed point theorem for simple quantum strategies in quantum market games

Edward W. Piotrowski

arXiv:quant-ph/0210183•Physica A Statistical Mechanics and its Applications•May 1, 2003•9 citations
The two-players N strategies games quantized according to the Eisert-Lewenstein-Wilkens scheme [1] are considered. It is shown that in the case of maximal entanglement no nontrivial pure Nash equilibrium exists. The proof relies on simple geometric properties of "chiral" group SU(N)×SU(N)SU (N)\times SU(N)SU(N)×SU(N) and is based on considering the stability subgroup of the initial state of the game. The explicit forms of neither the gate operator nor the payoff matrix are necessary.
The theory of quantum games permits players to choose strategies that prepare and measure quantum states. Whereas conventional game theory provides guarantees for fixed-point stability in non-cooperative games, so-called Nash equilibria, we find this guarantee is not provided for quantum games. In particular, we show the conditions for Glickberg's fixed-point theorem do not apply to pure quantum games when the payoff is a physical observable. We further show that Nash equilibrium can be guaranteed when the payoff is defined with respect to state preparation.
With respect to probabilistic mixtures of the strategies in non-cooperative games, quantum game theory provides guarantee of fixed-point stability, the so-called Nash equilibrium. This permits players to choose mixed quantum strategies that prepare mixed quantum states optimally under constraints. We show here that fixed-point stability of Nash equilibrium can also be guaranteed for pure quantum strategies via an application of the Nash embedding theorem, permitting players to prepare pure quantum states optimally under constraints.
We study a general 2 × 2 symmetric entangled quantum game. When one player has access only to classical strategies, while the other can use the full range of quantum strategies, there are ‘miracle’ moves available to the quantum player that can direct the game towards the quantum player's preferred result regardless of the classical player's strategy. The advantage pertaining to the quantum player is dependent on the degree of entanglement. Below a critical level, dependent on the pay–offs in the game, the miracle move is of no advantage.
We study a general 2times22 \\times 22times2 symmetric, entangled, quantum game. When one player has access only to classical strategies while the other can use the full range of quantum strategies, there are ``miracle'' moves available to the quantum player that can direct the result of the game towards the quantum player's preferred result regardless of the classical player's strategy. The advantage pertaining to the quantum player is dependent on the degree of entanglement. Below a critical level, dependent on the payoffs in the game, the miracle move is of no advantage.