Deprecated: $wgMWOAuthSharedUserIDs=false is deprecated, set $wgMWOAuthSharedUserIDs=true, $wgMWOAuthSharedUserSource='local' instead [Called from MediaWiki\HookContainer\HookContainer::run in /var/www/html/w/includes/HookContainer/HookContainer.php at line 135] in /var/www/html/w/includes/Debug/MWDebug.php on line 372
Optimal stopping games under winning probability maximization and player's weighted privilege - MaRDI portal

Optimal stopping games under winning probability maximization and player's weighted privilege (Q2731714)

From MaRDI portal





scientific article; zbMATH DE number 1626392
Language Label Description Also known as
English
Optimal stopping games under winning probability maximization and player's weighted privilege
scientific article; zbMATH DE number 1626392

    Statements

    0 references
    0 references
    14 March 2002
    0 references
    best-choice problem
    0 references
    sequential game
    0 references
    optimal strategy
    0 references
    Nash equilibrium
    0 references
    Optimal stopping games under winning probability maximization and player's weighted privilege (English)
    0 references
    A game version of the best-choice problem is studied. \(m\) players sequentially observe i.i.d. random variables \(X_1,\dots, X_n\). Each player stops at one random value and wants to maximize the probability that his chosen value is larger than those of the others. Weights are assigned to the players, and if several players stop at the same random variable, the probability for any of them to get it is proportional to his weight. The optimal strategy is derived for \(m=2\) and discussed for \(m=3\). In the latter case equal weights are considered, and the game is modified by prescribing the strategy for the two remaining players after one has obtained his chosen value. Thus the problem for \(m\geq 3\) is still open. A no-information version of this game for two players is also treated.
    0 references

    Identifiers

    0 references
    0 references
    0 references
    0 references