On the multi-attribute stopping problem with general value functions

✍ Scribed by J. Cole Smith; Churlzu Lim; J. Neil Bearden

• Publisher: Elsevier Science
• Year: 2007
• Tongue: English
• Weight: 153 KB
• Volume: 35
• Category: Article
• ISSN: 0167-6377
• DOI: 10.1016/j.orl.2006.04.002

✦ Synopsis

We examine a sequential selection problem in which a single option must be selected. Each option's value is a function of its attributes, whose precise values can be ascertained at a given cost. We prove the optimality of a threshold stopping rule for a general class of objective functions.