Parrondo's paradox

Geoffrey C. Berresford and Andrew M. Rockett

International Journal of Mathematics and Mathematical Sciences, 2003, vol. 2003, 1-6

Abstract:

Since coming to the attention of the general news media several years ago, the paradoxical combination of two losing games into a winning game by J. M. R. Parrondo has been the subject of numerous numerical investigations and simulations. This note provides a clear statement of the nature of the paradox together with a straightforward analysis and resolution that is accessible to a wide audience.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jijmms:321921

DOI: 10.1155/S0161171203301425

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