Expected duration of the no-information minimum rank problem

Simon Demers

Statistics & Probability Letters, 2021, vol. 168, issue C

Abstract: A decision-maker who is looking to minimize the expected rank of a candidate chosen out of a large pool of sequential applicants should plan to interview slightly less than 50.65% of them on average in the no-information setting.

Keywords: Optimal stopping; Sequential decision; Search time (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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DOI: 10.1016/j.spl.2020.108950

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