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In the best choice problem with random arrivals, an unknown number $n$ of rankable items arrive at times sampled from the uniform distribution. As is well known, a real-time player can ensure stopping at the overall best item with…

Probability · Mathematics 2021-03-09 Alexander Gnedin

We study a generalization of the secretary problem, where decisions do not have to be made immediately upon candidates' arrivals. After arriving, each candidate stays in the system for some (random) amount of time and then leaves, whereupon…

Computer Science and Game Theory · Computer Science 2019-09-20 Thomas Kesselheim , Alexandros Psomas , Shai Vardi

The game of best choice (or "secretary problem") is a model for making an irrevocable decision among a fixed number of candidate choices that are presented sequentially in random order, one at a time. Because the classically optimal…

Combinatorics · Mathematics 2021-07-14 Brant Jones , Katelynn D. Kochalski , Sarah Loeb , Julia C. Walk

Candidates arrive sequentially for an interview process which results in them being ranked relative to their predecessors. Based on the ranks available at each time, one must develop a decision mechanism that selects or dismisses the…

Data Structures and Algorithms · Computer Science 2024-05-08 George V. Moustakides , Xujun Liu , Olgica Milenkovic

We investigate the hiring problem where a sequence of applicants is sequentially interviewed, and a decision on whether to hire an applicant is immediately made based on the applicant's score. For the maximal and average improvement…

Computer Science and Game Theory · Computer Science 2025-06-03 P. L. Krapivsky

Suppose a customer is faced with a sequence of fluctuating prices, such as for airfare or a product sold by a large online retailer. Given distributional information about what price they might face each day, how should they choose when to…

Data Structures and Algorithms · Computer Science 2019-10-10 Hossein Esfandiari , MohammadTaghi HajiAghayi , Brendan Lucier , Michael Mitzenmacher

We revisit the problem of selecting an item from $n$ choices that appear before us in random sequential order so as to minimize the expected rank of the item selected. In particular, we examine the stopping rule where we reject the first…

Probability · Mathematics 2015-12-10 Béla Bajnok , Svetoslav Semov

We study the secretary problem in which rank-ordered lists are generated by the Mallows model and the goal is to identify the highest-ranked candidate through a sequential interview process which does not allow rejected candidates to be…

Methodology · Statistics 2023-03-03 Xujun Liu , Olgica Milenkovic , George V. Moustakides

The game of best choice, also known as the secretary problem, is a model for sequential decision making with many variations in the literature. Notably, the classical setup assumes that the sequence of candidate rankings is uniformly…

Combinatorics · Mathematics 2019-03-13 Madeline Crews , Brant Jones , Kaitlyn Myers , Laura Taalman , Michael Urbanski , Breeann Wilson

The value maximization version of the secretary problem is the problem of hiring a candidate with the largest value from a randomly ordered sequence of candidates. In this work, we consider a setting where predictions of candidate values…

Data Structures and Algorithms · Computer Science 2023-08-21 Kaito Fujii , Yuichi Yoshida

We study variants of the secretary problem, where $N$, the number of candidates, is a random variable, and the decision maker wants to maximize the probability of success -- picking the largest number among the $N$ candidates -- using only…

Data Structures and Algorithms · Computer Science 2023-10-13 Junhui Zhang , Patrick Jaillet

In this paper, we propose how to use objective arguments grounded in statistical mechanics concepts in order to obtain a single number, obtained after aggregation, which would allow to rank "agents", "opinions", ..., all defined in a very…

Physics and Society · Physics 2024-05-02 Marcel Ausloos , Giulia Rotundo , Roy Cerqueti

In this paper, we discuss a stochastic decision problem of optimally selecting the order in which to try $n$ opportunities that may yield an uncertain reward in the future. The motivation came out from pure curiosity, after an informal…

Computer Science and Game Theory · Computer Science 2016-09-27 Giuseppe C. Calafiore

An unknown positive number of items arrive at independent uniformly distributed times in the interval [0,1] to a selector, whose task is to pick online the last one. We show that under the assumption of an adversary determining the number…

Computer Science and Game Theory · Computer Science 2011-04-18 Johan Wästlund

We model the joint distribution of choice probabilities and decision times in binary choice tasks as the solution to a problem of optimal sequential sampling, where the agent is uncertain of the utility of each action and pays a constant…

Neurons and Cognition · Quantitative Biology 2015-05-14 Drew Fudenberg , Philipp Strack , Tomasz Strzalecki

In this paper we introduce the hiring under uncertainty problem to model the questions faced by hiring committees in large enterprises and universities alike. Given a set of $n$ eligible candidates, the decision maker needs to choose the…

Data Structures and Algorithms · Computer Science 2019-05-08 Manish Raghavan , Manish Purohit , Sreenivas Gollupadi

In this work, we study the single-choice prophet inequality problem, where a gambler faces a sequence of~$n$ online i.i.d. random variables drawn from an unknown distribution. When a variable reveals its value, the gambler needs to decide…

Data Structures and Algorithms · Computer Science 2023-08-23 Bo Li , Xiaowei Wu , Yutong Wu

In the Prophet Secretary problem, samples from a known set of probability distributions arrive one by one in a uniformly random order, and an algorithm must irrevocably pick one of the samples as soon as it arrives. The goal is to maximize…

Data Structures and Algorithms · Computer Science 2017-11-07 Yossi Azar , Ashish Chiplunkar , Haim Kaplan

We study a game between $N$ job applicants who incur a cost $c$ (relative to the job value) to reveal their type during interviews and an administrator who seeks to maximize the probability of hiring the best. We define a full learning…

Theoretical Economics · Economics 2025-07-11 Longjian Li , Alexis Akira Toda

In the classical secretary problem, $n$ ranked items arrive one by one, and each item's rank relative to its predecessors is noted. The observer must select or reject each item as it arrives, with the object of selecting the item of highest…

Probability · Mathematics 2023-07-21 Ross G. Pinsky , Tomer Zilca
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