Optimal Two Choice Stopping on an Exponential Sequence

Asymptotic results for the problem of optimal two choice stopping on an n element long i.i.d. sequence X<SUB>n</SUB>, . . . ,X<SUB>1</SUB> have previously been obtained for two of the three domains of attraction. An asymptotic result is proved for the exponential distribution, a representative from the remaining, Type I domain, and it is conjectured that the same behavior obtains for all Type I distributions.

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Year of publication:	2004-11
Authors:	Goldstein, Larry ; Samuel-Cahn, Ester
Institutions:	Center for the Study of Rationality, Hebrew University of Jerusalem
Subject:	multiple choice stopping rules \| domains of attraction \| prophet value

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Extent:	application/pdf
Series:	Discussion Paper Series.
Type of publication:	Book / Working Paper
Notes:	Published in Sequential Analysis, 2006, vol. 25, pp. 351-363. 13 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005752792