A solution to the game of googol (Q1345610)

From MaRDI portal
scientific article
Language Label Description Also known as
English
A solution to the game of googol
scientific article

    Statements

    A solution to the game of googol (English)
    0 references
    30 June 1995
    0 references
    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''.
    0 references
    best choice problem
    0 references
    minimax strategy
    0 references
    exchangeable random variables
    0 references

    Identifiers