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JOURNALS // Upravlenie Bol'shimi Sistemami // Archive

UBS, 2009 Issue 26.1, Pages 270–286 (Mi ubs348)

Control in Social and Economic Systems

Full-information best-choice game with two stops

Anna Ivashko

Institute of Applied Mathematical Research Karelian Research Center of RAS, Petrozavodsk

Abstract: We consider a full-information best-choice game in which each player wants to hire two secretaries. The aim of a player is to maximize the sum of expected applicant' quality values. Two models are considered: $m$-person best-choice game with the possibility for an applicant to refuse an offer and two-person best-choice game with dominant player. Optimal strategies are obtained. We prove that in the best-choice game with the possibility for an applicant to refuse an offer the players' payoffs don't depend on the total number of players in the game.

Keywords: best-choice game, optimal strategy, multistage game, multiple stopping.

UDC: 519.833
BBK: 22.18



© Steklov Math. Inst. of RAS, 2025