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A secretary problem with uncertain employment

Published online by Cambridge University Press:  14 July 2016

M. H. Smith
M. H. Smith*
Affiliation:
University of Canterbury, Christchurch, New Zealand
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Abstract

A ‘Secretary Problem’ with no recall but which allows the applicant to refuse an offer of employment with a fixed probability 1 – p, (0 < p < 1), is considered. The optimal stopping rule and the maximum probability of employing the best applicant are derived.

Keywords

SEQUENTIAL DECISION THEORYOPTIMAL STOPPING RULESSECRETARY PROBLEMS

Information

Type
Short Communications
Information
Journal of Applied Probability , Volume 12 , Issue 3 , September 1975, pp. 620 - 624
Copyright
Copyright © Applied Probability Trust 1975 

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References

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