Affiliation:
1. Department of Statistics, Yeungnam University, Gyeongbuk 38541, South Korea
Abstract
As a natural generalization of the discrete-time random walk, the continuous-time random walk (CTRW) has been applied to stochastic models with random dynamics in various fields. In this paper, we show that the deterministic alternation of two unbiased CTRWs can lead to a phenomenon similar to the Parrondo paradox, in which the asymptotic mean drift of the combined CTRW becomes positive or negative depending on the parameter values. This extends the case in which the paradox occurs due to the random combination of two CTRWs with memory shown by Montero [Phys. Rev. E 84 (2011) 051139].
Funder
National Research Foundation of Korea
Publisher
World Scientific Pub Co Pte Ltd
Subject
General Physics and Astronomy,General Mathematics