Parrondo's paradox with a three-sided coin

Wednesday, July 11, 2018 - 09:00 in Mathematics & Economics

Physicists have demonstrated that Parrondo's paradox—an apparent paradox in which two losing strategies combine to make a winning strategy—can emerge as a coin game with a single coin in the quantum realm, but only when the coin has three states (heads, tails, and a side) rather than the conventional two.

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