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This article is cited in 2 scientific papers (total in 2 papers)
Short Communications
On a best choice problem for discounted sequences
R. Kühne, L. Rüschendorfa a Institut für Mathematische Stochastik, University of Freiburg, Germany
Abstract:
The optimal choice problem is considered for a discounted sequence of random variables in the domain of a $\max$-stable distribution. Asymptotically optimal stopping times and the asymptotic value of the stopping problem are determined. For the proof of these results the best choice problem forthe discounted sequence is related to a best choice problem in an associated Poisson process.
Keywords:
best-choice problem, Poisson process, stopping problem, $\max$-stable .
Received: 12.01.1999
Citation:
R. Kühne, L. Rüschendorf, “On a best choice problem for discounted sequences”, Teor. Veroyatnost. i Primenen., 45:4 (2000), 789–792; Theory Probab. Appl., 45:4 (2001), 673–677
Linking options:
https://www.mathnet.ru/eng/tvp512https://doi.org/10.4213/tvp512 https://www.mathnet.ru/eng/tvp/v45/i4/p789
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Abstract page: | 294 | Full-text PDF : | 154 | First page: | 5 |
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