Soo, Wayne Wah Ming; Cheong, Kang Hao - In: Physica A: Statistical Mechanics and its Applications 392 (2013) 1, pp. 17-26
Parrondo’s Paradox has gained a fair amount of attention due to it being counter-intuitive. Given two stochastic processes, both of which are losing in nature, it is possible to have an overall net increase in capital by periodically or randomly alternating between the two processes. In this...