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Analytical expressions for Parrondo games
2002 (English)In: Fluctuation and Noise Letters, ISSN 0219-4775, E-ISSN 1793-6780, Vol. 2, no 4, L343-L348 p.Article in journal (Refereed) Published
Abstract [en]

We present some new analytical expressions for the so-called Parrondo effect, where simple coin-flipping games with negative expected value are combined into a winning game. Parrondo games are state-dependent. By identifying the game state variable, we can compute the stationary game state probabilities. Mixing losing games increases the probability of entering into a game state with positive value, as can be seen clearly from our analytical expressions for the Parrondo game value.

Place, publisher, year, edition, pages
2002. Vol. 2, no 4, L343-L348 p.
Keyword [en]
parrondo game, Parrondo's paradox, game theory, game state, optimal mixing strategy
Identifiers
URN: urn:nbn:se:kth:diva-23228ISI: 000202877100012OAI: oai:DiVA.org:kth-23228DiVA: diva2:341926
Note
QC 20100525Available from: 2010-08-10 Created: 2010-08-10 Last updated: 2017-12-12Bibliographically approved

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Boman, Magnus

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