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Quantum Algorithms

Quantum gambling based on Nash-equilibrium

arXiv
Authors: Pei Zhang, Xiao-Qi Zhou, Yun-Long Wang, Peter J. Shadbolt, Yong-Sheng Zhang, Hong Gao, Fu-Li Li, Jeremy L. O'Brien

Year

2014

Paper ID

47871

Status

Preprint

Abstract Read

~2 min

Abstract Words

110

Citations

N/A

Abstract

A fair gambling is hard to be made between two spatially separated parties without introducing a trusted third party. Here we propose a novel gambling protocol, which enables fair gambling between two distant parties without the help of a third party. By incorporating the key concepts and methods of game theory, our protocol will force the two parties to move their strategies to a Nash-equilibrium point which guarantees the fairness through the physical laws of quantum mechanics. Furthermore, we show that our protocol can be easily adapted to a biased version, which would find applications in lottery, casino, etc. A proof-of-principle optical demonstration of this protocol is reported as well.

Why This Paper Matters

  • It adds a 2014 reference point for readers tracking recent quantum research.
  • A fair gambling is hard to be made between two spatially separated parties without introducing a trusted third party.

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