Full-information best choice game with hint (Q2009175)

From MaRDI portal
Revision as of 21:31, 30 July 2024 by Daniel (talk | contribs) (‎Created claim: Wikidata QID (P12): Q128010858, #quickstatements; #temporary_batch_1722371031483)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
scientific article
Language Label Description Also known as
English
Full-information best choice game with hint
scientific article

    Statements

    Full-information best choice game with hint (English)
    0 references
    0 references
    27 November 2019
    0 references
    The author considers a modification of the classical full-information best choice problem in the context of Markov decision processes where a decision maker aims to select the best opportunity based only on the exact values of the observed sequence. The modification is adding a second player who can either propose additional information or block the observed object and demand an extortion. An optimal reward for the second player and the best moment to interrupt the decision process has been obtained and the situation when the number of observations tends to infinity has been studied.
    0 references
    0 references
    optimal stopping
    0 references
    best choice problem
    0 references
    matrix game
    0 references
    Markov chain
    0 references
    threshold strategy
    0 references

    Identifiers

    0 references
    0 references
    0 references
    0 references
    0 references
    0 references
    0 references