Parrondo's paradox

By G. Berresford, A. Rockett. 2003

106 citations recorded by the source corpus.

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.

Subfields: Statistical and Nonlinear Physics

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In Statistical and Nonlinear Physics

1. Derek Abbott
2. Gregory Peter Harmer
3. Erik Cambria
4. Peter Reimann

Citations in the corpus

• Simpson's Paradox in COVID-19 Case Fatality Rates: A Mediation Analysis of Age-Related Causal Effects (2020, neutral): “negatively biased processes [41], [42].”
• A REVIEW OF PARRONDO'S PARADOX (2002, background): “The fractal properties of the games have been investigated [44] and also the optimal mixing sequences for games have been considered [50].”
• Natural language based financial forecasting: a survey (2017, background): “For instance, two investment portfolios with negative profit expectation can generate positive return expectation when the two investments are not independent [46].”