kaal:claim:4900878-011

In a quantum game model of a two firm market, monopoly emerges once informational asymmetry passes a threshold, and the result is lower total quantity and reduced economic efficiency.

monopoly appears when the informational asymmetry reaches a certain threshold, leading to a decrease in total quantity and economic efficiency.

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 3.4 Quantum Models and Approaches in Economics, p. 23
https://ssrn.com/abstract=4900878 · source PDF

Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

• two firm market with informational asymmetry
• within the quantum game model of Du, Ju, and Li

empiricalsupport: evidencedeconomicsdisclosure

• restated_by kaal:claim:4900880-016 In a quantum game model of a market with informational asymmetry between two firms, monopoly emerges once the ...

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