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seminars:stat:191205

Statistics Seminar

Department of Mathematical Sciences

DATE: | Thursday, December 5, 2019 |
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TIME: | 1:15pm – 2:15pm |

LOCATION: | WH 100E |

SPEAKER: | Shaofei Zhao, Binghamton University |

TITLE: | Job search problem and its extension. |

**Abstract**

Job search problem, or the secretary problem is one application of the optimal stopping problem, and the optimal stopping strategy is for a given sample size n, we pass over the first k offers, and stop at the first offer which is better than all the preceding ones. Here k/n is approximately 1/e. However in reality we don't always know the sample size in advance, but can assume it's a random variable follows certain distribution. We find the optimal stopping strategy in this situation.

seminars/stat/191205.txt · Last modified: 2019/12/01 14:49 by qyu

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