Article ID Journal Published Year Pages File Type
10480699 Physica A: Statistical Mechanics and its Applications 2012 10 Pages PDF
Abstract
► The paper presents a multi-agent model based on Parrondo's games. ► An interesting and counter-intuitive phenomenon can be found in collective Parrondo's games. ► The optimal behavior pattern for most of the players is not favorable for the population. ► The decision of a dictator is sometimes better than a democratic decision for a population.
Related Topics
Physical Sciences and Engineering Mathematics Mathematical Physics
Authors
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