A solution to the game of googol (Q1345610)
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English | A solution to the game of googol |
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A solution to the game of googol (English)
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30 June 1995
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For every \(n > 2\) exchangeable random variables \(X_ 1,\dots,X_ n\) are constructed for which, among all stopping rules \(\tau\) based on the \(X_ i\), \(\text{sup}_ \tau P(X_ \tau = \max(X_ 1,\dots,X_ n))\) is attained by a rule based only on the relative ranks of the \(X_ i\). The underlying distribution serves as a minimax rule for one of the players in the ``game of googol''.
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best choice problem
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minimax strategy
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exchangeable random variables
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