Journal of the Operations Research Society of Japan
Online ISSN : 2188-8299
Print ISSN : 0453-4514
ISSN-L : 0453-4514
ASYMPTOTIC THEORY OF SELECTION BY RELATIVE RANK WITH MEDIUM COST
Sigeiti Moriguti
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1993 Volume 36 Issue 2 Pages 102-117

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Abstract
Selection from among n objects by relative rank with no recall - the "secretary problem" -in the asymptotic case when n → ∞ was considered, assuming that k, the cost ratio, is a finite constant. The essential part is what we shall call Phase 1, where the number of observations i remains to be O(√<n>). Then the expected number of observations is of course O(√<n>). The expected value of the attained absolute rank is also O(√<n>). It is interesting to not,e that, with the optimal rule, the expected cost of observations comes out to be equal to the expected rank.
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© 1993 The Operations Research Society of Japan
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