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Sometimes this strategy is called the / stopping rule, because the probability of stopping at the best applicant with this strategy is already about / for moderate values of . One reason why the secretary problem has received so much attention is that the optimal policy for the problem (the stopping rule) is simple and selects the single best ...
There are generally two approaches to solving optimal stopping problems. [4] When the underlying process (or the gain process) is described by its unconditional finite-dimensional distributions , the appropriate solution technique is the martingale approach, so called because it uses martingale theory, the most important concept being the Snell ...
In decision theory, the odds algorithm (or Bruss algorithm) is a mathematical method for computing optimal strategies for a class of problems that belong to the domain of optimal stopping problems. Their solution follows from the odds strategy, and the importance of the odds strategy lies in its optimality, as explained below.
Flowchart of using successive subtractions to find the greatest common divisor of number r and s. In mathematics and computer science, an algorithm (/ ˈ æ l ɡ ə r ɪ ð əm / ⓘ) is a finite sequence of mathematically rigorous instructions, typically used to solve a class of specific problems or to perform a computation. [1]
In international relations theory, the prisoner's dilemma is often used to demonstrate why cooperation fails in situations when cooperation between states is collectively optimal but individually suboptimal. [37] [38] A classic example is the security dilemma, whereby an increase in one state's security (such as increasing its military strength ...
[4] [5] An absolute majority (also a majority ) is a number of votes "greater than the number of votes that possibly can be obtained at the same time for any other solution", [ a ] when voting for multiple alternatives at a time [ 6 ] [ b ]
And we expect our effective corporate tax rate to be in the 36% to 37% range at strip pricing, excluding any onetime items, with an effective cash tax rate in the 35% to 36% range.
[4] There are several versions of plurality voting for multi-member district. [5] The system that elects multiple winners at once with the plurality rule and where each voter casts as many X votes as the number of seats in a multi-seat district is referred to as plurality block voting.