Preprint
Last Success Problem: Decision Rule and Application
Where is the most likely position for the last success in n events, if each event has the same probability Pr(A)? What is the probability for the last success? This situation assumes returning successes which is different to the stop waiting problem where a single best event is assumed. We set F. Thomas Bruss's theory into a simple probability framework and develop a decision rule for the last success. The results are applied to the Apple share prices.
- Sprache
-
Englisch
- Klassifikation
-
Wirtschaft
Miscellaneous Mathematical Tools
Money and Interest Rates: Forecasting and Simulation: Models and Applications
Financial Forecasting and Simulation
- Thema
-
Optimal Stopping Problem
Mathematical Tools
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kohn, Wolfgang
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel und Hamburg
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Preprint
Beteiligte
- Kohn, Wolfgang
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2014
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