Satinover, J.B.; Sornette, D. - In: Physica A: Statistical Mechanics and its Applications 386 (2007) 1, pp. 339-344
Both single-player Parrondo games (SPPG) and multi-player Parrondo games (MPPG) display the Parrondo effect (PE) wherein two or more individually fair (or losing) games yield a net winning outcome if alternated periodically or randomly. (There is a more formal, less restrictive definition of the...