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The Parrondo's paradox is a counterintuitive phenomenon where individually-losing strategies can be combined in producing a winning expectation. In this paper, the issues surrounding the Parrondo's paradox are investigated. The focus is…

Computer Science and Game Theory · Computer Science 2014-03-24 Jian-Jun Shu , Qi-Wen Wang

The Parrondo effect describes the seemingly paradoxical situation in which two losing games can, when combined, become winning [Phys. Rev. Lett. 85, 24 (2000)]. Here we generalize this analysis to the case where both games are…

Condensed Matter · Physics 2009-11-07 Roland J. Kay , Neil F. Johnson

We introduce a new family of Parrondo's games of alternating losing strategies in order to get a winning result. In our version of the games we consider an ensemble of players and use "social" rules in which the probabilities of the games…

Condensed Matter · Physics 2007-05-23 R. Toral

Inspired by asynchronous cooperative Parrondo's games we introduce two new types of games in which all players simultaneously play game A or game B or a combination of these two games. These two types of games differ in the way a…

Statistical Mechanics · Physics 2007-05-23 Zoran Mihailovic , Milan Rajkovic

Inspired by the flashing ratchet, Parrondo's game presents an apparently paradoxical situation. Parrondo's game consists of two individual games, game A and game B. Game A is a slightly losing coin-tossing game. Game B has two coins, with…

Statistical Mechanics · Physics 2014-05-27 Degang Wu , Kwok Yip Szeto

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…

Probability · Mathematics 2019-12-13 S. N. Ethier , Jiyeon Lee

This paper investigates the different effects of chaotic switching on Parrondo's games, as compared to random and periodic switching. The rate of winning of Parrondo's games with chaotic switching depends on coefficient(s) defining the…

Computer Science and Game Theory · Computer Science 2009-11-10 T. W. Tang , A. Allison , D. Abbott

Parrondo's paradox is about a paradoxical game and gambling where two probabilistic losing games can be combined to form a winning game. While the counter intuitive game is interesting in itself, it can be thought of a discrete version of…

Physics and Society · Physics 2016-02-16 Abhijit Kar Gupta , Sourabh Banerjee

Cooperative Parrondo's games on a regular two dimensional lattice are analyzed based on the computer simulations and on the discrete-time Markov chain model with exact transition probabilities. The paradox appears in the vicinity of the…

Statistical Mechanics · Physics 2009-11-11 Zoran Mihailovic , Milan Rajkovic

Parrondo's paradox occurs in sequences of games in which a winning expectation may be obtained by playing the games in a random order, even though each game in the sequence may be lost when played individually. Several variations of…

Physics and Society · Physics 2012-04-25 Norihito Toyota

We study a quantum walk in one-dimension using two different "coin" operators. By mixing two operators, both of which give a biased walk with negative expectation value for the walker position, it is possible to reverse the bias through…

Quantum Physics · Physics 2012-09-12 Adrian P. Flitney

We construct a Parrondo's game using discrete time quantum walks. Two lossing games are represented by two different coin operators. By mixing the two coin operators $U_{A}(\alpha_{A},\beta_{A},\gamma_{A})$ and…

Quantum Physics · Physics 2013-03-28 Min Li , Yong-Sheng Zhang , Guang-Can Guo

Parrondo's paradox occurs in sequences of games in which a winning expectation may be obtained by playing the games in a random order, even though each game in the sequence may be lost when played individually. Several variations of…

Physics and Society · Physics 2012-06-14 Norihito Toyota

Parrondo's paradox indicates a paradoxical situation in which a winning expectation may occur in sequences of losing games. There are many versions of the original Parrondo's games in the literature, but the games are played by two players…

Populations and Evolution · Quantitative Biology 2021-02-03 Atiyeh Fotoohinasab

Parrondo games are coin flipping games with the surprising property that alternating plays of two losing games can produce a winning game. We show that this phenomenon can be modelled by probabilistic lattice gas automata. Furthermore,…

Quantum Physics · Physics 2007-05-23 David A. Meyer , Heather Blumer

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.,…

Probability · Mathematics 2009-11-11 P. Amengual , P. Meurs , B. Cleuren , R. Toral

Parrondo paradox describes the counterintuitive phenomenon in which alternating two individually losing games yields a winning outcome. Extending this effect to the quantum regime has typically required high dimensional coin spaces,…

Quantum Physics · Physics 2026-04-15 Jen-Yu Chang , Yun-Hsuan Chen , Gooi Zi Liang , Chih-Yu Chen , Tsung-Wei Huang

We consider quantum variants of Parrondo games on low-dimensional Hilbert spaces. The two games which form the Parrondo game are implemented as quantum walks on a small cycle of length $M$. The dimension of the Hilbert space is $2M$. We…

Quantum Physics · Physics 2023-06-30 Andreas Mielke

We present new versions of the Parrondo's paradox by which a losing game can be turned into winning by including a mechanism that allows redistribution of the capital amongst an ensemble of players. This shows that, for this particular…

Condensed Matter · Physics 2007-05-23 Raul Toral

Coordination and cooperation are among the most important issues of game theory. Recently, the attention turned to game theory on graphs and social networks. Encouraged by interesting results obtained in quantum evolutionary game analysis,…

Quantum Physics · Physics 2020-11-10 Łukasz Pawela , Jan Sładkowski