IDEAS home Printed from https://ideas.repec.org/a/eee/phsmap/v390y2011i23p4535-4542.html
   My bibliography  Save this article

Parity effect of the initial capital based on Parrondo’s games and the quantum interpretation

Author

Listed:
  • Wang, Lu
  • Xie, Neng-gang
  • Zhu, Yong-fei
  • Ye, Ye
  • Meng, Rui

Abstract

In our previous study [Zhu et al., Quantum game interpretation for a special case of Parrondo’s paradox, Physica A 390 (2011) 579], the capital-dependent Parrondo’s game where one game depends on the capital modulus M=4 was shown not to have a definite stationary probability distribution and that payoffs of the game depended on the parity of the initial capital. This paper presents a generalization of these results to even M greater than 4. An intuitive explanation for producing this phenomenon is that the discrete-time Markov chain of the game is divided into two completely unrelated inner and outer rings. The process taking the inner ring or outer ring of the game is determined by the initial capital of parity and then a win or loss of the game is determined. Quantum game theory is used to further analyze the phenomenon. The results show that the explanation of the game corresponding to a stationary probability distribution is that the probability of the initial capital has reached parity.

Suggested Citation

  • Wang, Lu & Xie, Neng-gang & Zhu, Yong-fei & Ye, Ye & Meng, Rui, 2011. "Parity effect of the initial capital based on Parrondo’s games and the quantum interpretation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(23), pages 4535-4542.
  • Handle: RePEc:eee:phsmap:v:390:y:2011:i:23:p:4535-4542
    DOI: 10.1016/j.physa.2011.07.043
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0378437111005929
    Download Restriction: 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

    File URL: https://libkey.io/10.1016/j.physa.2011.07.043?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Flitney, A.P. & Abbott, D., 2003. "Quantum models of Parrondo's games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 152-156.
    2. Flitney, A.P. & Ng, J. & Abbott, D., 2002. "Quantum Parrondo's games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 314(1), pages 35-42.
    3. N. Masuda & N. Konno, 2004. "Subcritical behavior in the alternating supercritical Domany-Kinzel dynamics," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 40(3), pages 313-319, August.
    4. Zhu, Yong-fei & Xie, Neng-gang & Ye, Ye & Peng, Fa-rui, 2011. "Quantum game interpretation for a special case of Parrondo’s paradox," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(4), pages 579-586.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Lu & Zhu, Yong-fei & Ye, Ye & Meng, Rui & Xie, Neng-gang, 2012. "The coupling effect of the process sequence and the parity of the initial capital on Parrondo’s games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(21), pages 5197-5207.
    2. Song, Mi Jung & Lee, Jiyeon, 2021. "An approximation by Parrondo games of the Brownian ratchet," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 563(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Soo, Wayne Wah Ming & Cheong, Kang Hao, 2013. "Parrondo’s paradox and complementary Parrondo processes," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(1), pages 17-26.
    2. Ye, Ye & Hang, Xiao Rong & Koh, Jin Ming & Miszczak, Jarosław Adam & Cheong, Kang Hao & Xie, Neng-gang, 2020. "Passive network evolution promotes group welfare in complex networks," Chaos, Solitons & Fractals, Elsevier, vol. 130(C).
    3. Zhu, Yong-fei & Xie, Neng-gang & Ye, Ye & Peng, Fa-rui, 2011. "Quantum game interpretation for a special case of Parrondo’s paradox," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(4), pages 579-586.
    4. Cheong, Kang Hao & Soo, Wayne Wah Ming, 2013. "Construction of novel stochastic matrices for analysis of Parrondo’s paradox," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(20), pages 4727-4738.
    5. Ejlali, Nasim & Pezeshk, Hamid & Chaubey, Yogendra P. & Sadeghi, Mehdi & Ebrahimi, Ali & Nowzari-Dalini, Abbas, 2020. "Parrondo’s paradox for games with three players and its potential application in combination therapy for type II diabetes," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 556(C).
    6. Soo, Wayne Wah Ming & Cheong, Kang Hao, 2014. "Occurrence of complementary processes in Parrondo’s paradox," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 412(C), pages 180-185.
    7. Ho Fai Ma & Ka Wai Cheung & Ga Ching Lui & Degang Wu & Kwok Yip Szeto, 2019. "Effect of Information Exchange in a Social Network on Investment," Computational Economics, Springer;Society for Computational Economics, vol. 54(4), pages 1491-1503, December.
    8. Wang, Lu & Zhu, Yong-fei & Ye, Ye & Meng, Rui & Xie, Neng-gang, 2012. "The coupling effect of the process sequence and the parity of the initial capital on Parrondo’s games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(21), pages 5197-5207.
    9. Fotoohinasab, Atiyeh & Fatemizadeh, Emad & Pezeshk, Hamid & Sadeghi, Mehdi, 2018. "Denoising of genetic switches based on Parrondo’s paradox," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 493(C), pages 410-420.
    10. Edward W. Piotrowski & Jan Sladkowski, "undated". "The Next Stage: Quantum Game Theory," Departmental Working Papers 18, University of Bialtystok, Department of Theoretical Physics.
    11. Piotrowski, Edward W. & Sładkowski, Jan, 2008. "Quantum auctions: Facts and myths," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(15), pages 3949-3953.
    12. Xie, Neng-gang & Chen, Yun & Ye, Ye & Xu, Gang & Wang, Lin-gang & Wang, Chao, 2011. "Theoretical analysis and numerical simulation of Parrondo’s paradox game in space," Chaos, Solitons & Fractals, Elsevier, vol. 44(6), pages 401-414.
    13. Rubina Zadourian, 2024. "Model-based and empirical analyses of stochastic fluctuations in economy and finance," Papers 2408.16010, arXiv.org.
    14. Edward W. Piotrowski & Jan Sladkowski, "undated". "Quantum Games and Programmable Quantum Systems," Departmental Working Papers 22, University of Bialtystok, Department of Theoretical Physics.
    15. Edward W. Piotrowski & Jan Sladkowski, "undated". "An Invitation to Quantum Game Theory," Departmental Working Papers 15, University of Bialtystok, Department of Theoretical Physics.
    16. Breuer, Sandro & Mielke, Andreas, 2023. "Multi player Parrondo games with rigid coupling," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 622(C).
    17. Zhang, Cuihua & Xing, Peng, 2015. "A research on service quality decision-making of Chinese communications industry based on quantum game," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 432(C), pages 9-15.
    18. Yongfei Li & Jiangtao Wang & Bin Wang & Clark Luo, 2024. "A Study of Quantum Game for Low-Carbon Transportation with Government Subsidies and Penalties," Sustainability, MDPI, vol. 16(7), pages 1-23, April.
    19. Ye, Ye & Zhang, Xin-shi & Liu, Lin & Xie, Neng-Gang, 2021. "Effects of group interactions on the network Parrondo’s games," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 583(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:phsmap:v:390:y:2011:i:23:p:4535-4542. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/physica-a-statistical-mechpplications/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.