SUTD: Kang Hao Cheong, Jin Ming Koh
Michael C. Jones

SUTD researchers study the pivotal role that Parrondo’s paradox plays in the shaping of living systems and its potential identity as a universal principle underlying biological diversity and persistence.

Inspired by the flashing Brownian ratchet, Parrondo’s paradox is a counter-intuitive phenomenon in which two losing games, when played in a specific order, can surprisingly end up winning. For example, slot machines are designed to ensure that players lose in the long run. “What the paradox says is that there might be slot machines which are subtly linked in such a way that playing either slot machine independently will lead to financial disaster, but switching in between them will eventually leave the player richer than before,” said senior author, Assistant Professor Kang Hao Cheong of the Singapore University of Technology and Design (SUTD).

To read more, please go to https://www.sciencedaily.com/releases/2019/08/190805134043.htm
You can find more details at https://www.sutd.edu.sg/Research/Research-News/2019/8/Paradoxical-Survival-Examining-the-Parrondo-effect