OPTIMAL STOPPING IN A DICE GAME

Authors
Citation
M. Roters, OPTIMAL STOPPING IN A DICE GAME, Journal of Applied Probability, 35(1), 1998, pp. 229-235
Citations number
7
Categorie Soggetti
Statistic & Probability","Statistic & Probability
ISSN journal
00219002
Volume
35
Issue
1
Year of publication
1998
Pages
229 - 235
Database
ISI
SICI code
0021-9002(1998)35:1<229:OSIADG>2.0.ZU;2-H
Abstract
In this paper we consider an explicit solution of an optimal stopping problem arising in connection with a dice game. An optimal stopping ru le and the maximum expected reward in this problem can easily be compu ted by means of the distributions involved and the specific rules of t he game.