1 research outputs found
New paradoxical games based on Brownian ratchets
Based on Brownian ratchets, a counter-intuitive phenomenon has recently
emerged -- namely, that two losing games can yield, when combined, a
paradoxical tendency to win. A restriction of this phenomenon is that the rules
depend on the current capital of the player. Here we present new games where
all the rules depend only on the history of the game and not on the capital.
This new history-dependent structure significantly increases the parameter
space for which the effect operates.Comment: 4 pages, 3 eps figures, revte