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arXiv · 1808.05149

Entanglement renders free riding redundant in the thermodynamic limit

Shubhayan Sarkar·Colin Benjamin
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Abstract

The free rider problem is one of the most well-studied problems in economics. The solution proposed mainly is punitive in order to deter people from free riding. In this work, we introduce quantum strategies and study the problem in the thermodynamic limit by drawing analogies with the 1D Ising model. We observe that for maximum entanglement, irrespective of the payoffs, quantum strategy is the equilibrium solution, solving the free rider problem.

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Shubhayan Sarkar, Colin Benjamin. 2018-08-14. Entanglement renders free riding redundant in the thermodynamic limit. https://doi.org/10.1016/j.physa.2019.01.085

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