Reversals of chance in paradoxical games
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Publication:6476596
Abstract: We present two collective games with new paradoxical features when they are combined. Besides reproducing the so--called Parrondo effect, where a winning game is obtained from the alternation of two fair games, a new effect appears, i.e., there exists a current inversion when varying the mixing probability between the games. We present a detailed study by means of a discrete--time Markov chain analysis, obtaining analytical expressions for the stationary probabilities for a finite number of players. We also provide some qualitatively insight into this new current inversion effect.
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