On the Candidate Problem with a Random Number of Candidates.

Abstract

A decision maker has a total of M candidates to interview sequentially. The decision maker must either accept or reject the candidate being interviewed after he has been ranked with respect to his predecessors. Once rejected a candidate cannot be reconsidered; once a candidate is accepted no further interviews are carried out. The objective is to select the candidate in such a way as to maximize the probability of choosing the best of all M candidates (assuming every ordering of interviews is equally likely).

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Document Details

Document Type
Technical Report
Publication Date
Aug 10, 1979
Accession Number
ADA075577

Entities

People

  • C. Derman
  • G. J. Lieberman
  • S. Ross

Organizations

  • Stanford University

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • California
  • Contracts
  • Cooperation
  • Improvised Explosive Devices
  • Inequalities
  • Mathematics
  • Operations Research
  • Probability
  • Universities

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