Abstract

The stopping problem on Markov process with OLA(One-stage Look Ahead) policy is considered. Its associated optimal value could be expressed explicitly by a potential for a charge of the positive part of the difference between the immediate reward and the oneperiod-after reward. As application to the best choice problem, the optimal value of three problems: the classical secretary problem, the problem with a refusal probability and the one with random number of objects are calculated.

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