The burglar problem with multiple options
Kai Chen and
Sheldon M. Ross
Naval Research Logistics (NRL), 2014, vol. 61, issue 5, 359-364
Abstract:
We consider the burglar problem in which a burglar can either retire or choose among different types of burglaries, with each type having its own success probability and reward distribution. Some general structural results are established and, in the case of exponentially distributed reward distributions, a solution technique is presented. The burglar problem's relationship to a stochastic knapsack problem with a random exponentially distributed knapsack capacity is shown. © 2014 Wiley Periodicals, Inc. Naval Research Logistics 61: 359–364, 2014
Date: 2014
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https://doi.org/10.1002/nav.21588
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:61:y:2014:i:5:p:359-364
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