Title: Reversals of chance in paradoxical games
Authors: Amengual, P ×
Meurs, Patrick
Cleuren, B
Toral, R #
Issue Date: Nov-2006
Publisher: Elsevier science bv
Series Title: Physica a-statistical mechanics and its applications vol:371 issue:2 pages:641-648
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, there also exists a current inversion when varying the mixing probability between the games. We show that this is a new effect insofar one of the games is an unbiased random walk without internal structure. 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 qualitative insight into this current inversion effect. (c) 2006 Elsevier B.V. All rights reserved.
ISSN: 0378-4371
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Clinical Psychology
× corresponding author
# (joint) last author

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