Parrondo's paradox via redistribution of wealth

DOI10.1214/EJP.V17-1867zbMath1244.91021arXiv1109.4454OpenAlexW2106587723MaRDI QIDQ428631

Stewart N. Ethier, Ji-Yeon Lee

Publication date: 22 June 2012

Published in: Electronic Journal of Probability (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1109.4454

zbMATH Keywords

strong law of large numbersfundamental matrixMarkov chaincentral limit theoremstationary distributionParrondo's capital-dependent games

Mathematics Subject Classification ID

Central limit and other weak theorems (60F05) Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20) Probabilistic games; gambling (91A60)

Related Items (2)

Parrondo effect: exploring the nature-inspired framework on periodic functions ⋮ Parrondo's paradox from classical to quantum: a review

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