Parrondo's games as a discrete ratchet

R. Toral, Pau Amengual and Sergio Mangioni

Physica A: Statistical Mechanics and its Applications, 2003, vol. 327, issue 1, 105-110

Abstract: We write the master equation describing the Parrondo's games as a consistent discretization of the Fokker–Planck equation for an overdamped Brownian particle describing a ratchet. Our expressions, besides giving further insight on the relation between ratchets and Parrondo's games, allow us to precisely relate the games probabilities and the ratchet potential such that periodic potentials correspond to fair games and winning games produce a tilted potential.

Keywords: Parrondo paradox; Ratchets; Master equations (search for similar items in EconPapers)
Date: 2003
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S037843710300459X
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:327:y:2003:i:1:p:105-110

DOI: 10.1016/S0378-4371(03)00459-X

Access Statistics for this article

Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().