Randomized stopping points and optimal stopping on the plane (Q1196944): Difference between revisions

The notion of randomized stopping points (for one-parameter processes (1- rsp's)), introduced by Baxter and Chacon, is here extended in a suitable way to 2-rsp's. This extension, linked with a theorem of Baxter and Chacon, serves to identify a correspondence between adapted random measures on \(\mathbb{N}^ 2\) and 2-rsp's. The author proves that the extremal elements of the set of suitably adapted random measures on \(\mathbb{R}^ 2\) are Dirac measures. The proof of the existence of optimal stopping points for upper-half-continuous 2-parameter processes in continuous time is given as an illustration.