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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

In Parrondo's games, the apparently paradoxical situation occurs where individually losing games combine to win. The basic formulation and definitions of Parrondo's games are described in Harmer et al.. These games have recently gained…

Statistical Mechanics · Physics 2012-11-19 A. Allison , C. E. M. Pearce , D. Abbott

Parrondo's paradox arises 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. We present a suitable version…

Probability · Mathematics 2007-06-19 Antonio Di Crescenzo

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

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 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…

Classical Physics · Physics 2007-05-23 Lars Rasmusson , Magnus Boman

Parrondo's paradox was introduced by Juan Parrondo in 1996. In game theory, this paradox is described as: A combination of losing strategies becomes a winning strategy. At first glance, this paradox is quite surprising, but we can easily…

Computer Science and Game Theory · Computer Science 2023-04-13 Xavier Molinero , Camille Mègnien

We study a modification of the so-called Parrondo's paradox where a large number of individuals choose the game they want to play by voting. We show that it can be better for the players to vote randomly than to vote according to their own…

Physics and Society · Physics 2014-10-03 L. Dinis , J. M. R. Parrondo

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

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

Parrondo's paradox is a well-known counterintuitive phenomenon, where the combination of unfavorable situations can establish favorable ones. In this paper, we study one-dimensional discrete-time quantum walks, manipulating two different…

Quantum Physics · Physics 2022-08-02 Munsif Jan , Niaz Ali Khan , Gao Xianlong

The inequality in capital or resource distribution is among the important phenomena observed in populations. The sources of inequality and methods for controlling it are of practical interest. To study this phenomenon, we introduce a model…

Physics and Society · Physics 2022-08-29 Jarosław Adam Miszczak

We construct games of chance from simpler games of chance. We show that it may happen that the simpler games of chance are fair or unfavourable to a player andyet the new combined game is favourable -- this is a counter-intuitive…

Probability · Mathematics 2007-05-23 E. S. Key , M. Klosek , D. Abbott

In a series of papers, G. Harmer and D. Abbott study the behavior of random walks associated with games introduced in 1997 by J. M. R. Parrondo. These games illustrate an apparent paradox that random and deterministic mixtures of losing…

Probability · Mathematics 2007-05-23 R. Pyke

We pursue the possible connections between classical games and quantum computation. The Parrondo game is one in which a random combination of two losing games produces a winning game. We introduce novel realizations of this Parrondo effect…

Quantum Physics · Physics 2007-05-23 Chiu Fan Lee , Neil Johnson

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 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

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

The 1936 Mills Futurity slot machine had the feature that, if a player loses 10 times in a row, the 10 lost coins are returned. Ethier and Lee (2010) studied a generalized version of this machine, with 10 replaced by deterministic parameter…

Probability · Mathematics 2024-06-25 Huaijin Liang , Zengjing Chen

We introduce a method of analyzing entanglement enhanced quantum games on regular lattices of agents. Our method is valid for setups with periodic and non-periodic boundary conditions. To demonstrate our approach we study two different…

Quantum Physics · Physics 2014-08-20 Jarosław Adam Miszczak , Łukasz Pawela , Jan Sładkowski