Abstract
We consider multiple optimal stopping rules for a finite (with horizon N) sequence of independent random variables. We are interested in finding a stopping rule which maximises the expected sum of k, 1 < k < N, observations. The optimal stopping rule and the value of the game are obtained. This result can be applied in the house-selling problem and in behavioural ecology problems.
Original language | English |
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Pages (from-to) | 463-473 |
Number of pages | 11 |
Journal | Discrete Mathematics and Applications |
Volume | 17 |
Issue number | 5 |
DOIs | |
Publication status | Published - 11 Dec 2007 |