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Optimality of the One Step Lock-Ahead Stopping Times.
NORTH CAROLINA UNIV AT CHARLOTTE DEPT OF MATHEMATICS
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Optimal stopping rules play an important rule in probability and statistics. A comprehensive treatment of the subject is given in the book Great Expectations The Theory of Optimal Stopping, by Chow, Robbins, and Seigmund. The one step look-ahead stopping is discussed in pp. 52-57 of the book. This paper shows that such rules are optimal under conditions different from those given by Chow, Robbins and Seigmund.
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