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This paper studies an online trading variant of the classical secretary problem, called secretary problem variant trading (SPVT), from the perspective of an intermediary who facilitates trade between a seller and $n$ buyers (collectively…

Optimization and Control · Mathematics 2026-04-20 Xujin Chen , Xiaodong Hu , Changjun Wang , Yuchun Xiong , Qingjie Ye

We define and study a new variant of the secretary problem. Whereas in the classic setting multiple secretaries compete for a single position, we study the case where the secretaries arrive one at a time and are assigned, in an on-line…

Computer Science and Game Theory · Computer Science 2017-05-05 Yakov Babichenko , Yuval Emek , Michal Feldman , Boaz Patt-Shamir , Ron Peretz , Rann Smorodinsky

We consider the problem of selling perishable items to a stream of buyers in order to maximize social welfare. A seller starts with a set of identical items, and each arriving buyer wants any one item, and has a valuation drawn i.i.d. from…

Computer Science and Game Theory · Computer Science 2020-01-23 Reza Alijani , Siddhartha Banerjee , Sreenivas Gollapudi , Kamesh Munagala , Kangning Wang

We study the classic single-choice prophet secretary problem through a resource augmentation lens. Our goal is to bound the $(1-\epsilon)$-competition complexity for different classes of online algorithms. This metric asks for the smallest…

Computer Science and Game Theory · Computer Science 2024-11-19 Tomer Ezra , Tamar Garbuz

The I.I.D. Prophet Inequality is a fundamental problem where, given $n$ independent random variables $X_1,\dots,X_n$ drawn from a known distribution $\mathcal{D}$, one has to decide at every step $i$ whether to stop and accept $X_i$ or…

Computer Science and Game Theory · Computer Science 2024-12-02 Vasilis Livanos , Ruta Mehta

The secretary problem is one of the fundamental problems in online decision making; a tight competitive ratio for this problem of $1/\mathrm{e} \approx 0.368$ has been known since the 1960s. Much more recently, the study of algorithms with…

Data Structures and Algorithms · Computer Science 2024-10-01 Alexander Braun , Sherry Sarkar

In online combinatorial allocations/auctions, n bidders sequentially arrive, each with a combinatorial valuation (such as submodular/XOS) over subsets of m indivisible items. The aim is to immediately allocate a subset of the remaining…

Computer Science and Game Theory · Computer Science 2024-09-18 Paul Dütting , Thomas Kesselheim , Brendan Lucier , Rebecca Reiffenhäuser , Sahil Singla

The setting of the classic prophet inequality is as follows: a gambler is shown the probability distributions of $n$ independent, non-negative random variables with finite expectations. In their indexed order, a value is drawn from each…

Data Structures and Algorithms · Computer Science 2018-12-31 Jack Wang

We consider prophet inequalities for XOS and MPH-$k$ combinatorial auctions and give a simplified proof for the existence of static and anonymous item prices which recover the state-of-the-art competitive ratios. Our proofs make use of a…

Computer Science and Game Theory · Computer Science 2022-11-03 Alexander Braun , Thomas Kesselheim

We introduce the \textit{prophet inequality with uncertain acceptance} model, in which a decision maker sequentially observes a sequence of independent options, each characterized by a value $x_i$ and an acceptance probability $p_i$, both…

Computer Science and Game Theory · Computer Science 2026-03-25 Emile Martinez , Felipe Garrido-Lucero , Umberto Grandi , Sebastian Pérez-Salazar

In the paper the generalisation of the well known "secretary problem" is considered. The aim of the paper is to give a generalised model in such a way that the chosen set of the possible best $k$ elements have to be independent of all…

Discrete Mathematics · Computer Science 2021-12-09 Wojciech Kordecki

We consider the prophet inequality problem for (not necessarily bipartite) matching problems with independent edge values, under both edge arrivals and vertex arrivals. We show constant-factor prophet inequalities for the case where the…

Data Structures and Algorithms · Computer Science 2021-08-03 Paul Dütting , Federico Fusco , Philip Lazos , Stefano Leonardi , Rebecca Reiffenhäuser

A version of the classical secretary problem is studied, in which one is interested in selecting one of the b best out of a group of n differently ranked persons who are presented one by one in a random order. It is assumed that b is a…

Probability · Mathematics 2010-09-06 Chris Dietz , Dinard van der Laan , Ad Ridder

Hill and Kertz studied the prophet inequality on iid distributions [The Annals of Probability 1982]. They proved a theoretical bound of $1-\frac{1}{e}$ on the approximation factor of their algorithm. They conjectured that the best…

Data Structures and Algorithms · Computer Science 2017-06-01 Melika Abolhasani , Soheil Ehsani , Hosein Esfandiari , MohammadTaghi Hajiaghayi , Robert Kleinberg , Brendan Lucier

In the "secretary problem", well-known in the theory of optimal stopping, an employer is about to interview a maximum of N secretaries about which she has no prior information. Chow et al. proved that with an optimal strategy the expected…

Combinatorics · Mathematics 2007-05-23 Kimmo Eriksson , Jonas Sjostrand , Pontus Strimling

We present a new variant of the secretary problem. Let $A$ be a totally ordered set of $n$ \emph{applicants}. Given $P\subseteq A$ and $x\in A$, let $rr(P,x)=\vert\{z\in P \mid z\leq x\}\vert\mbox{ }$ be the \emph{relative rank of} $x$…

Probability · Mathematics 2023-07-10 Josef Rukavicka

We study a class of Bayesian online selection problems with matroid constraints. Consider a vendor who has several items to sell, with the set of sold items being subject to some structural constraints, e.g., the set of sold items should be…

Computer Science and Game Theory · Computer Science 2024-06-04 Ian DeHaan , Kanstantsin Pashkovich

Classical optimal auction theory assumes that bids reach the seller directly. We study how this picture changes when a revenue-maximizing intermediary controls access to the seller's auction. Motivated by blockchain auctions, online…

Computer Science and Game Theory · Computer Science 2026-05-22 Jingyi Liu , Aviad Rubinstein , Ertem Nusret Tas , S. Matthew Weinberg , Qianfan Zhang

In online sales, sellers usually offer each potential buyer a posted price in a take-it-or-leave fashion. Buyers can sometimes see posted prices faced by other buyers, and changing the price frequently could be considered unfair. The…

Computer Science and Game Theory · Computer Science 2023-08-15 Sebastian Perez-Salazar , Mohit Singh , Alejandro Toriello

In this paper we revisit the basic variant of the classical secretary problem. We propose a new approach in which we separate between an agent that evaluates the secretary performance and one that has to make the hiring decision. The…

Computer Science and Game Theory · Computer Science 2020-05-27 Niklas Hahn , Martin Hoefer , Rann Smorodinsky
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