A persistency problem connected with a point process

Autor:	G. Elfving
Rok vydání:	1967
Předmět:	Statistics and Probability 010104 statistics & probability Commerce General Mathematics 010102 general mathematics 0101 mathematics Statistics Probability and Uncertainty 01 natural sciences Commodity (Marxism) Point process Mathematics
Zdroj:	Journal of Applied Probability. 4:77-89
ISSN:	1475-6072 0021-9002
DOI:	10.2307/3212300
Popis:	Imagine a man owning a commodity, e.g., a house, which is for sale. Offers at varying amounts are coming in every now and then. The longer he postpones selling the more he loses because of deterioration, interest losses, or the like. At each offer he must decide whether to accept it or wait for a better one. (A more picturesque example would be that of a girl scrutinizing successive suitors.)
Databáze:	OpenAIRE
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