Difference prophet inequalities for [0,1]-valued i.i.d. random variables with cost for observations

dc.creatorKosters, Holger
dc.date2005-03-25
dc.date.accessioned2026-07-07T05:18:28Z
dc.date.available2026-07-07T05:18:28Z
dc.descriptionLet X_1,X_2,... be a sequence of [0,1]-valued i.i.d. random variables, let c\geq 0 be a sampling cost for each observation and let Y_i=X_i-ic, i=1,2,.... For n=1,2,..., let M(Y_1,...,Y_n)=E(max_{1\leq i\leq n}Y_i) and V(Y_1,...,Y_n)=sup_{τ\in C^n}E(Y_τ), where C^n denotes the set of all stopping rules for Y_1,...,Y_n. Sharp upper bounds for the difference M(Y_1,...,Y_n)-V(Y_1,...,Y_n) are given under various restrictions on c and n.
dc.descriptionPublished at http://dx.doi.org/10.1214/009117904000000496 in the Annals of Probability (http://www.imstat.org/aop/) by the Institute of Mathematical Statistics (http://www.imstat.org)
dc.identifierhttps://arxiv.org/abs/math/0503589
dc.identifierhttp://arxiv.org/abs/math/0503589
dc.identifierAnnals of Probability 2004, Vol. 32, No. 4, 3324-3332
dc.identifierdoi:10.1214/009117904000000496
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/74670
dc.subjectProbability
dc.subject60G40 (Primary) 60E15. (Secondary)
dc.titleDifference prophet inequalities for [0,1]-valued i.i.d. random variables with cost for observations
dc.typetext

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