Beyond Parrondo’s paradox
The Parrondo's paradox is a counterintuitive phenomenon where individually-losing strategies can be combined in producing a winning expectation. In this paper, the issues surrounding the Parrondo's paradox are investigated. The focus is lying on testifying whether the same paradoxical effe...
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sg-ntu-dr.10356-1024192023-03-04T17:19:47Z Beyond Parrondo’s paradox Shu, Jian-Jun Wang, Qi-Wen School of Mechanical and Aerospace Engineering DRNTU::Engineering::Mechanical engineering The Parrondo's paradox is a counterintuitive phenomenon where individually-losing strategies can be combined in producing a winning expectation. In this paper, the issues surrounding the Parrondo's paradox are investigated. The focus is lying on testifying whether the same paradoxical effect can be reproduced by using a simple capital dependent game. The paradoxical effect generated by the Parrondo's paradox can be explained by placing all the parameters in one probability space. Based on this framework, it is able to generate other possible paradoxical effects by manipulating the parameters in the probability space. Published version 2014-03-24T06:46:27Z 2019-12-06T20:54:40Z 2014-03-24T06:46:27Z 2019-12-06T20:54:40Z 2014 2014 Journal Article Shu, J.-J., & Wang, Q.-W. (2014). Beyond Parrondo's Paradox. Scientific Reports, 4, 4244-. 2045-2322 https://hdl.handle.net/10356/102419 http://hdl.handle.net/10220/18960 10.1038/srep04244 175943 en Scientific reports This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported license. To view a copy of this license, visit http://creativecommons.org/licenses/by-nv-nd/3.0. application/pdf |
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Singapore Singapore |
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DRNTU::Engineering::Mechanical engineering |
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DRNTU::Engineering::Mechanical engineering Shu, Jian-Jun Wang, Qi-Wen Beyond Parrondo’s paradox |
| description |
The Parrondo's paradox is a counterintuitive phenomenon where individually-losing strategies can be combined in producing a winning expectation. In this paper, the issues surrounding the Parrondo's paradox are investigated. The focus is lying on testifying whether the same paradoxical effect can be reproduced by using a simple capital dependent game. The paradoxical effect generated by the Parrondo's paradox can be explained by placing all the parameters in one probability space. Based on this framework, it is able to generate other possible paradoxical effects by manipulating the parameters in the probability space. |
| author2 |
School of Mechanical and Aerospace Engineering |
| author_facet |
School of Mechanical and Aerospace Engineering Shu, Jian-Jun Wang, Qi-Wen |
| format |
Article |
| author |
Shu, Jian-Jun Wang, Qi-Wen |
| author_sort |
Shu, Jian-Jun |
| title |
Beyond Parrondo’s paradox |
| title_short |
Beyond Parrondo’s paradox |
| title_full |
Beyond Parrondo’s paradox |
| title_fullStr |
Beyond Parrondo’s paradox |
| title_full_unstemmed |
Beyond Parrondo’s paradox |
| title_sort |
beyond parrondo’s paradox |
| publishDate |
2014 |
| url |
https://hdl.handle.net/10356/102419 http://hdl.handle.net/10220/18960 |
| _version_ |
1759856292450533376 |