Parrondo games with spatial dependence, III
S. N. Ethier, Jiyeon Lee

TL;DR
This paper investigates spatially dependent Parrondo games with multiple players, visualizes parameter regions, and critiques a recent state reduction method, highlighting inconsistencies with the original model.
Contribution
It provides graphical analysis of Parrondo regions for 3 to 9 players and challenges the validity of a recent state space reduction approach.
Findings
Parrondo and anti-Parrondo regions identified for N=3 to 9 players.
The state reduction method by Li et al. is shown to be inconsistent with Xie et al.'s model.
Visualizations clarify the parameter dependencies in spatial Parrondo games.
Abstract
We study Toral's Parrondo games with players and one-dimensional spatial dependence as modified by Xie et al. Specifically, we use computer graphics to sketch the Parrondo and anti-Parrondo regions for . Our work was motivated by a recent paper of Li et al., who applied a state space reduction method to this model, reducing the number of states from to . We show that their reduced Markov chains are inconsistent with the model of Xie et al.
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Taxonomy
TopicsGame Theory and Applications · Economic theories and models · Complex Systems and Time Series Analysis
