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The Game You Win By Losing (Parrondo's Paradox)
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The Game You Win By Losing (Parrondo's Paradox)
  • Published_at:2019-05-28
  • Category:Education
  • Channel:Vsauce2
  • tags: vsauce vsauce2 vsause vsause2 vsauce2 paradox the game you win by losing demonetization game the game that never ends birds in a truck riddle the game you quit the game that learns problem you’ll never solve mrbeast’s dilemma missing dollar riddle birthday paradox ant on a rubber rope martingale problem double sixes death game game you never win game you always win pizza theorem what is a paradox potato paradox parrondo's paradox parrondos paradox
  • description: Watch my collab with Donut Media: https://youtu.be/1RNc-2hpHP8 Thanks to Donut Media for supporting Vsauce2 and having me on their channel. Go check them out and support them. They're great! While working on the interplay between thermodynamics and information theory, physicist Juan Parrondo realized that a system of losing games could actually produce a winning result. And it isn’t just by playing them in a highly-strategic way; it’s even possible for two guaranteed losers to generate a winner when played randomly. At the heart of that counterintuitive conclusion is a test of our understanding of probability and relationships between events. From the simplest money-based games and coin flip scenarios to theoretical perpetual motion machines like the Brownian ratchet and flashing Brownian ratchet, Parrondo’s Paradox explores elements of game theory that are inspiring research in fields like biogenetics, finance, and evolutionary biology. *** SOURCES *** Finite Math -- Markov Chains https://www.youtube.com/watch?v=tYaW-1kzTZI https://www.youtube.com/watch?v=afIhgiHVnj0 Derek Abbot, Peter Taylor, and Juan Parrando, “Parrondo's Paradoxical Games and the Discrete Brownian Ratchet” https://www.academia.edu/269127/Parrondos_Paradoxical_Games_and_the_Discrete_Brownian_Ratchet Stan Wagon’s Parrondo Paradox Demonstration http://demonstrations.wolfram.com/TheParrondoParadox/ Abhijit Kar Gupta and Sourabh Banerjee, “Parrondo’s Paradox: New Results and New Ideas” https://arxiv.org/ftp/arxiv/papers/1602/1602.04783.pdf New York Times, “Paradox In Game Theory: Losing Strategy That Wins” https://www.nytimes.com/2000/01/25/science/paradox-in-game-theory-losing-strategy-that-wins.html S. N. Ethier and Jiyeon Lee, “The flashing Brownian ratchet and Parrondo’s paradox” https://royalsocietypublishing.org/doi/full/10.1098/rsos.171685 Andrew Gelman and Deborah Nolan, “You can load a die but you can’t bias a coin” https://www.stat.berkeley.edu/~nolan/Papers/dice.pdf *** LINKS *** Vsauce2 Links Twitter: https://twitter.com/VsauceTwo Facebook: https://www.facebook.com/VsauceTwo Hosted and Produced by Kevin Lieber Instagram: http://instagram.com/kevlieber Twitter: https://twitter.com/kevleeb Podcast: https://www.youtube.com/thecreateunknown Research And Writing by Matthew Tabor https://twitter.com/TaborTCU Editing by Aspect Science https://www.youtube.com/channel/UCyi06SeKkiwoAzFVmQtDtfg Huge Thanks To Paula Lieber https://www.etsy.com/shop/Craftality Get Vsauce's favorite science and math toys delivered to your door! https://www.curiositybox.com/ Select Music By Jake Chudnow: http://www.youtube.com/user/JakeChudnow #education #vsauce
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