full-information best choice problem

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:mathematical_concept
gptkbp:alsoKnownAs full-information secretary problem
gptkbp:citation Ferguson, T. S., & Robertson, J. (1978). The full-information best choice problem with independent normal random variables. Advances in Applied Probability, 10(2), 446-451.
Ferguson, T. S. (1989). Who solved the secretary problem? Statistical Science, 4(3), 282-296.
gptkbp:describes A variant of the secretary problem where the decision maker observes the actual values of candidates drawn from a known distribution.
gptkbp:distribution known continuous distribution
gptkbp:field gptkb:probability_theory
optimal stopping theory
gptkbp:firstPublished 1978
gptkbp:goal To maximize the probability of selecting the maximum value from a sequence.
https://www.w3.org/2000/01/rdf-schema#label full-information best choice problem
gptkbp:notableAchievement Asymptotic probability of success approaches 0.580164... for large n
gptkbp:relatedTo gptkb:secretary_problem
gptkbp:sequence independent random variables
gptkbp:solvedBy optimal stopping rule
gptkbp:studiedBy gptkb:Thomas_S._Ferguson
gptkb:James_L._Robertson
gptkbp:bfsParent gptkb:House-selling_problem
gptkbp:bfsLayer 8