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Upravlenie Bol'shimi Sistemami, 2009, Issue 26.1, , Pages 270–286
(Mi ubs348)
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Control in Social and Economic Systems
Full-information best-choice game with two stops
Anna Ivashko Institute of Applied Mathematical Research Karelian Research Center of RAS, Petrozavodsk
Abstract:
We consider a full-information best-choice game in which each player wants to hire two secretaries. The aim of a player is to maximize the sum of expected applicant' quality values. Two models are considered: $m$-person best-choice game with the possibility for an applicant to refuse an offer and two-person best-choice game with dominant player. Optimal strategies are obtained. We prove that in the best-choice game with the possibility for an applicant to refuse an offer the players' payoffs don't depend on the total number of players in the game.
Keywords:
best-choice game, optimal strategy, multistage game, multiple stopping.
Citation:
Anna Ivashko, “Full-information best-choice game with two stops”, UBS, 26.1 (2009), 270–286
Linking options:
https://www.mathnet.ru/eng/ubs348 https://www.mathnet.ru/eng/ubs/v26/i1/p270
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Statistics & downloads: |
Abstract page: | 247 | Full-text PDF : | 74 | References: | 53 |
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