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...

By using the discrete Markov chain method, Parrondo’s paradox is studied by means of theoretical analysis and computer simulation, built on the case of game AB played in alternation with modulus M=4. We find that such a case does not have a definite stationary probability distribution and that...

A multi-agent Parrondo’s model is proposed in the paper. The model includes link A based on the rewiring mechanism (the network evolution) + game B (dependent on the spatial neighbors). Moreover, to produce the paradoxical effect and analyze the “agitating” effect of the network...

We assume a multi-agent model based on Parrondo’s games. The model consists of game A between individuals and game B. In game A, two behavioral patterns are defined: competition and inaction. A controlled alternation strategy of behavioral pattern that gives a single player the highest return...

For the multi-agent spatial Parrondo’s games, the available theoretical analysis methods based on the discrete-time Markov chain were assumed that the losing and winning states of an ensemble of N players were represented to be the system states. The number of system states was 2N types....

In an ultimatum game where competitive pressures and alternating roles exist, we suppose that players make their decisions based on the net profit of their own. Here we conduct a behavioral experiment in a selection examination, and then we establish a model and study the evolution of strategies...

Abstract The problem of misclassification is common in epidemiological and clinical research. In some cases, misclassification may be incurred when measuring both exposure and outcome variables. It is well known that validity of analytic results (e.g. point and confidence interval estimates for...

The travel and tourism industry has been growing in importance for several developing countries. It has not only generated considerable foreign exchange revenues but has also contributed to the overall output and socio-economic development of these countries. Within the Asia and Pacific region,...

We develop a conditional factor model for the term structure of treasury bonds, which unifies non parametric curve estimation with cross-sectional asset pricing. Our factors correspond to the optimal non-parametric basis functions spanning the discount curve. They are investable portfolios...