Solving Diner’s Dilemma with Quantum Computing: Implementation and Verification on IBM Quantum Simulator
Introduction In the fascinating intersection of game theory and quantum computing, solving classic problems with quantum methods offers exciting possibilities. One such problem is the Diner’s Dilemma—a well-known issue in both economics and game theory that highlights the conflict between individual rationality and collective optimality. In this blog, we delve into a study where quantum computing is applied to solve the Diner’s Dilemma, specifically for four players (n = 4). This research demonstrates how quantum mechanics can resolve traditional dilemmas by leveraging quantum superposition and entanglement. Understanding the Diner’s Dilemma The Diner’s Dilemma is a strategic problem where diners must decide independently whether to cooperate or not, with their individual choices affecting both their own payoff and that of others. The goal is to find a strategy that maximizes each player’s payoff while also achieving a balance between Pareto optimality (where no player can b...