Winning While Losing: New Strategy Solves 'Two-Envelope' Paradox
(PhysOrg.com) -- Researchers from Australia have taken a step toward resolving a seemingly simple yet unsolved paradox known as the "two-envelope" problem. They`ve worked out a new strategy that can enable a player to beat the game in terms of increasing their payoff. The strategy could have applications in optimizing gains in investments and other areas.
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Posted in: on Wednesday, September 2, 2009 at at 4:26 PM