Quantum-Inspired Cournot Model

Fuente: arXiv
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Autore principale: Sharma, Amarendra
Natura: Preprint
Pubblicazione: 2025
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author Sharma, Amarendra
author_facet Sharma, Amarendra
contents This paper introduces economists to quantum-inspired approaches for modeling firm behavior in a Cournot Duopoly, designed for accessibility and pedagogical use. We present key quantum concepts -- superposition, entanglement, and quantum search algorithms (Grover's and Dürr-Høyer's) -- in an intuitive manner, tailored for those without a quantum physics background. These concepts are applied to represent uncertainty, interdependence, and optimization in novel ways, offering fresh perspectives on firm decision-making. By incorporating numerical examples, we illustrate how quantum-inspired models differ from classical Cournot outcomes, highlighting potential advantages in capturing complex strategic interactions. The paper aims to bridge quantum computing and economic theory, providing a foundation for teaching and exploring advanced modeling techniques.
format Preprint
id arxiv_https___arxiv_org_abs_2504_19420
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Quantum-Inspired Cournot Model
Sharma, Amarendra
General Economics
Economics
This paper introduces economists to quantum-inspired approaches for modeling firm behavior in a Cournot Duopoly, designed for accessibility and pedagogical use. We present key quantum concepts -- superposition, entanglement, and quantum search algorithms (Grover's and Dürr-Høyer's) -- in an intuitive manner, tailored for those without a quantum physics background. These concepts are applied to represent uncertainty, interdependence, and optimization in novel ways, offering fresh perspectives on firm decision-making. By incorporating numerical examples, we illustrate how quantum-inspired models differ from classical Cournot outcomes, highlighting potential advantages in capturing complex strategic interactions. The paper aims to bridge quantum computing and economic theory, providing a foundation for teaching and exploring advanced modeling techniques.
title Quantum-Inspired Cournot Model
topic General Economics
Economics
url https://arxiv.org/abs/2504.19420