Winning combinations of history-dependent games

Details Winning combinations of history-dependent games Winning combinations of history-dependent games

2002-07-16

arxiv.org/abs/cond-mat/0207386v2

Physics

Condensed Matter

(6 pages, 7 figures) Version 2: Major cosmetic changes and some minor corrections

Scientific paper

10.1103/PhysRevE.67.056128

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 history-dependent, i.e. there is an intrinsic memory in the dynamics of each game. New results are presented for the cases of both random and periodic switching between the two games.

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