International Journal of Mathematics and Mathematical Sciences
Volume 2003 (2003), Issue 62, Pages 3957-3962
doi:10.1155/S0161171203301425
Parrondo's paradox
Geoffrey C. Berresford
and Andrew M. Rockett
Department of Mathematics, C.W. Post Campus, Long Island University, 720 Northern Boulevard, Brookville 11548, NY, USA
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.