Taida Institute of Mathematical Sciences(TIMS) {$title}

Optimal stopping problems in discrete time processes

Abstract
In this talk I will review several optimal stopping problems in discrete time processes and introduce some tools used in this area. The classical problems such as secretary problem , parking problem and their extensions will be addressed. The theory of backward induction and the notion of monotone case will also be discussed.

Shoou-Ren Hsiau
National Changhua University of Education

2009-11-06
10:30- 12:00
New Mathmatics Building 405