My inspiration with my daughter’s 8th grade probability problems continues. In a previous post I worked on a hypothetical story of monitoring all communications for security with a Bayesian analysis approach. This time when I saw the spinning wheel problems in her text book, I was yet again inspired to create a game system to demonstrate Parrondo’s Paradox.
“Parrondo's paradox, a paradox in game theory, has been described as: A combination of losing strategies becomes a winning strategy.
Ad Nihil here presents an interesting-looking game demonstrating something I hadn't heard of before, Parrondo's Paradox, which apparently is a phenomenon in which a combination of losing strategies becomes a winning strategy. I do want to think about this more, so I offer the link to that blog's report so that I hopefully will go back and consider it more when I'm able.
