Capital Redistribution Brings Wealth by Parrondo's Paradox

Details Capital Redistribution Brings Wealth by Parrondo's Paradox Capital Redistribution Brings Wealth by Parrondo's Paradox

2002-06-20

arxiv.org/abs/cond-mat/0206385v1

Physics

Condensed Matter

4 pages

Scientific paper

We present new versions of the Parrondo's paradox by which a losing game can be turned into winning by including a mechanism that allows redistribution of the capital amongst an ensemble of players. This shows that, for this particular class of games, redistribution of the capital is beneficial for everybody. The same conclusion arises when the redistribution goes from the richer players to the poorer.

Affiliated with

Also associated with

No associations

Rating

Capital Redistribution Brings Wealth by Parrondo's Paradox does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Capital Redistribution Brings Wealth by Parrondo's Paradox, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Capital Redistribution Brings Wealth by Parrondo's Paradox will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-329891