Title of article
The best-choice secretary problem with random freeze on jobs
Author/Authors
Samuel-Cahn، نويسنده , , Ester، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
13
From page
315
To page
327
Abstract
We consider the best-choice secretary problem, with a known number, n, of applicants, and a random, independent “freeze” variable M, with known distribution. No hiring is possible after time M. The goal is to choose the best among the n applicants, where the decisions must be made depending only on the relative ranks of the applicants observed so far. A necessary and sufficient condition is given for the optimal rule to have the “simple” structure: let k∗ — 1 applicants pass, and stop with the first applicant (if any) from the k∗th onward, who is better than all previous observed candidates. For uniform, geometric and Poisson freeze variables the optimal rules are simple. Some asymptotic results (as n → ∞), and minimax results are also discussed.
Keywords
Optimal stopping , Random horizon , Secretary problem , Job-freeze , Best choice
Journal title
Stochastic Processes and their Applications
Serial Year
1995
Journal title
Stochastic Processes and their Applications
Record number
1575633
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