How strong can the Parrondo effect be?

DOI10.1017/JPR.2019.68MaRDI QIDQ5205951zbMATH OpenOpenAlexFDO

Authors Stewart N. Ethier, Jiyeon Lee

Publication date 17 December 2019

Published in Journal of Applied Probability (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1901.08257

zbMATH Keywords

binomial-like distributionParrondo gamesrate of profitstrong law of large numbers

Mathematics Subject Classification ID

Strong limit theorems (60F15) Markov chains (discrete-time Markov processes on discrete state spaces) (60J10) Processes in random environments (60K37) Probabilistic games; gambling (91A60)

Abstract: If the parameters of the original Parrondo games $A$ and $B$ are allowed to be arbitrary, subject to a fairness constraint, and if the two (fair) games $A$ and $B$ are played in an arbitrary periodic sequence, then the rate of profit can not only be positive, it can be arbitrarily close to 1 (i.e., 100%).

Recommendations

• How strong can the Parrondo effect be? II
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Cites work

• A Markovian slot machine and Parrondo's paradox
• A Parrondo paradox in reliability theory
• Analysis of nonprocessive molecular motor transport using renewal reward theory
• scientific article; zbMATH DE number 2202845 (Why is no real title available?)
• Information entropy and Parrondo's discrete-time ratchet
• Limit theorems for Parrondo's paradox
• On Parrondo's paradox: how to construct unfair games by composing fair games
• Parrondo's paradox.
• Some limit laws for quantum walks with applications to a version of the Parrondo paradox
• The paradox of Parrondo's games

Cited in

(5)

• Parrondo effect: exploring the nature-inspired framework on periodic functions
• Brownian ratchets and Parrondo's games
• Parrondo's paradox via redistribution of wealth
• How strong can the Parrondo effect be? II
• Proof of a conjecture about Parrondo's paradox for two-armed slot machines

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