The quantum Minority game provides a means of studying the effect of multi-partite entanglement in a game theoretic setting. We study symmetric Nash equilibria and symmetric Pareto optimal strategies arising in a four-player quantum Minority game that uses an initial state that is a superposition of a GHZ state and products of EPR pairs. We find that the payoff curve for the symmetric Pareto optimal strategy is the same as that for the maximal violation of the Mermin-Ardehali-Belinskii-Klyshko inequality for the initial state, indicating a correspondence between quantum game theory and Bell inequalities. We also show that no advantage over the classical Minority game can be obtained when the initial state has only two party entanglement.
A quantum version of the Minority game for an arbitrary number of agents is studied. When the number of agents is odd, quantizing the game produces no advantage to the players, however, for an even number of agents new Nash equilibria appear that have no classical analogue. The new Nash equilibria provide far preferable expected payoffs to the players compared to the equivalent classical game. The effect on the Nash equilibrium payoff of reducing the degree of entanglement, or of introducing decoherence into the model, is indicated.
A protocol for considering decoherence in quantum games is presented. Results for general two-player, two-strategy quantum games subject to decoherence are derived and some specific examples are given. Decoherence in other types of quantum games is also considered. As expected, the advantage that a quantum player achieves over a player restricted to classical strategies is diminished for increasing decoherence but only vanishes in the limit of maximum decoherence when the results of the game are randomized.
A truel, or a three person generaliztion of a duel, is a popular model in game theory of a struggle of survival. The outcome is often sensitive to the precise rules under which the truel is performed and can be anti-intuitive. We propose a quantum scheme, along the lines of recent work in quantum game theory, for the problem of duels and truels. Interference amongst the players' strategies can arise leading to game equilibria different from the classical case.
It is possible to have two games that are losing when played in isolation but that, because of some form of feedback, produce a winning game when played alternately or even in a random mixture. This effect is known as Parrondo's paradox. Quantum mechanics provides novel methods of combining two games through interference and entanglement. Two models of quantum Parrondo's games have been published and these are reviewed here. We speculate on a model of a quantum Parrondo's game using entanglement. Such games could find a use in the development of algorithms for quantum computers.
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