Flowcharts and the Parrondo Paradox

This paper shows that there exist simple and intuitive solutions to the somewhat complex dynamics that often results from Parrondo games which can easily be traced out and understood by using simple flowcharts. The analysis is based upon four different types of Parrondo games. The relationship between the Parrondo paradox, gambling and finance is also discussed in detail

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Year of publication:	2013
Authors:	Davidsson, Marcus
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Regionalökonomik \| Regional economics \| Produktionsstandort \| Production location \| Industriepolitik \| Industrial policy

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Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Global Journal of Finance and Management, Vol. 2, Issue 2, pp. 333-344, 2010 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2010 erstellt
Classification:	G00 - Financial Economics. General ; G1 - General Financial Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013083524