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The Secretary Problem of Minimizing Expected Rank: A Simple Suboptimal Approach with Generalizations

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  • Abba M. Krieger
  • Ester Samuel-Cahn

Abstract

The secretary problem for selecting one item so as to minimize its expected rank, based on observing the relative ranks only, is revisited. A simple suboptimal rule, which performs almost as well as the optimal rule, is given. The rule stops with the smallest i such that Ri

Suggested Citation

  • Abba M. Krieger & Ester Samuel-Cahn, 2009. "The Secretary Problem of Minimizing Expected Rank: A Simple Suboptimal Approach with Generalizations," Discussion Paper Series dp502, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    • Handle: RePEc:huj:dispap:dp502
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    File URL: http://ratio.huji.ac.il/sites/default/files/publications/dp502b.pdf
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    Cited by:

    1. Amnon Rapoport & Darryl A. Seale & Leonidas Spiliopoulos, 2023. "Progressive stopping heuristics that excel in individual and competitive sequential search," Theory and Decision, Springer, vol. 94(1), pages 135-165, January.

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