Results 11 to 20 of about 78,187 (304)
Explaining human sampling rates across different decision domains [PDF]
Judgment and Decision Making, 2022 Undersampling biases are common in the optimal stopping literature, especially for economic full choice problems. Among these kinds of number-based studies, the moments of the distribution of values that generates the options (i.e., the generating ...
Didrika S. van de Wouw +3 more
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On Asymptotics of Optimal Stopping Times
Mathematics, 2022 We consider optimal stopping problems, in which a sequence of independent random variables is drawn from a known continuous density. The objective of such problems is to find a procedure which maximizes the expected reward.
Hugh N. Entwistle +2 more
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Optimal Stopping Methods for Investment Decisions: A Literature Review
International Journal of Financial Studies, 2022 Investors decide the best time to take a given action by maximizing their utility function while taking into account current information and the underlying process in the optimal stopping model. Option pricing, sequential analysis, disorder problems, and
Zhenya Liu, Yuhao Mu
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Interpretable Optimal Stopping [PDF]
SSRN Electronic Journal, 2018 Optimal stopping is the problem of deciding when to stop a stochastic system to obtain the greatest reward, arising in numerous application areas such as finance, healthcare, and marketing. State-of-the-art methods for high-dimensional optimal stopping involve approximating the value function or the continuation value and then using that approximation
Dragos Florin Ciocan, Velibor V. Misic
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Automated stopping criterion for spectral measurements with active learning
npj Computational Materials, 2021 The automated stopping of a spectral measurement with active learning is proposed. The optimal stopping of the measurement is realised with a stopping criterion based on the upper bound of the posterior average of the generalisation error of the Gaussian
Tetsuro Ueno +3 more
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A Comprehensive Study of Event Detection in WPCN Networks with Noisy Measurements
Sensors, 2022 Various aspects of the detection of events in wireless powered communication networks (WPCN) are studied and analyzed under the assumption of highly noisy sensor measurements. In WPCN, networks sensor nodes’ stored energy is a scarce resource and must be
Michael Koutsioumpos +3 more
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Determination of optimal parameters for sublevel stopping method [PDF]
Mining and Metallurgy Engineering Bor, 2013 This paper presents a design and parameters of the new variant of sublevel stopping method. The proposed new variant is the result of combination the theoretic considerations, field experience using the application of similar methods and researches on ...
Milić Vitomir +2 more
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The Closed-Form Solution of an Extraction Model and Optimal Stopping Problems with Regime Switching
Mathematics, 2023 We aim to obtain by viscosity solution method the closed-form solution of a model concerning natural resource extraction in which a firm draws a schedule of when to stop the extraction.
Yong-Chao Zhang, Na Zhang, Qinglong Zhou
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Optimal Stopping of the Maximum Process [PDF]
Journal of Applied Probability, 2014 We consider a class of optimal stopping problems involving both the running maximum as well as the prevailing state of a linear diffusion. Instead of tackling the problem directly via the standard free boundary approach, we take an alternative route and present a parameterized family of standard stopping problems of the underlying diffusion.
Alvarez Esteban Luis Hernan Radomiro +1 more
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Optimal Reinsurance Problem under Fixed Cost and Exponential Preferences
Mathematics, 2021 We investigate an optimal reinsurance problem for an insurance company taking into account subscription costs: that is, a constant fixed cost is paid when the reinsurance contract is signed.
Matteo Brachetta, Claudia Ceci
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