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- W2108772681 abstract "This paper considers a variation of the classical full-information best-choice problem. The problem allows success to be obtained even when the best item is not selected, provided the item that is selected is within the allowance of the best item. Under certain regularity conditions on the allowance function, the general nature of the optimal strategy is given as well as an algorithm to determine it exactly. It is also examined how the success probability depends on the allowance function and the underlying distribution of the observed values of the items." @default.
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- W2108772681 date "1996-01-01" @default.
- W2108772681 modified "2023-09-26" @default.
- W2108772681 title "A Full-Information Best-Choice Problem with Allowance" @default.
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- W2108772681 doi "https://doi.org/10.1017/s0269964800004162" @default.
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