7 citations · 20 across the 18 of their papers we have counts for
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math.PR2009★ 6 cited
A Markovian slot machine and Parrondo's paradox
S. N. Ethier, Jiyeon Lee
The antique Mills Futurity slot machine has two unusual features. First, if a player loses 10 times in a row, the 10 lost coins are returned. Second, the payout distribution varies…
math.PR2009
Limit theorems for Parrondo's paradox
S. N. Ethier, Jiyeon Lee
That there exist two losing games that can be combined, either by random mixture or by nonrandom alternation, to form a winning game is known as Parrondo's paradox. We establish a…