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Parrondo Paradox and Stock Investment
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 Title & Authors
Parrondo Paradox and Stock Investment
Cho, Dong-Seob; Lee, Ji-Yeon;
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 Abstract
Parrondo paradox is a counter-intuitive phenomenon where two losing games can be combined to win or two winning games can be combined to lose. When we trade stocks with a history-dependent Parrondo game rule (where we buy and sell stocks based on recent investment outcomes) we found Parrondo paradox in stock trading. Using stock data of the KRX from 2008 to 2010, we analyzed the Parrondo paradoxical cases in the Korean stock market.
 Keywords
Parrondo paradox;Parrondo effect;reverse Parrondo effect;history-dependent Parrondo games;Markov chains;stationary distribution;stock data;
 Language
Korean
 Cited by
1.
공간의존 파론도 게임의 협력 효과,이지연;

Journal of the Korean Data and Information Science Society, 2014. vol.25. 4, pp.745-753 crossref(new window)
2.
과거의존 파론도 게임의 재분배 모형,진건주;이지연;

Journal of the Korean Data and Information Science Society, 2015. vol.26. 1, pp.77-87 crossref(new window)
3.
과거의존 파론도 게임의 재분배 모형을 이용한 주식 투자,진건주;이지연;

Journal of the Korean Data and Information Science Society, 2015. vol.26. 4, pp.781-790 crossref(new window)
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Stock investment with a redistribution model of the history-dependent Parrondo game, Journal of the Korean Data and Information Science Society, 2015, 26, 4, 781  crossref(new windwow)
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Cooperative effect in space-dependent Parrondo games, Journal of the Korean Data and Information Science Society, 2014, 25, 4, 745  crossref(new windwow)
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A redistribution model of the history-dependent Parrondo game, Journal of the Korean Data and Information Science Society, 2015, 26, 1, 77  crossref(new windwow)
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