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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, p. L343-L348Article 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, p. L343-L348
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, id: 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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