Abstract
In a sequence of Markov-dependent trials, the optimal strategy which maximizes the probability of stopping on the last success is considered. Both homogeneous Markov chains and nonhomogeneous Markov chains are studied. For the homogeneous case, the analysis is divided into two parts and both parts are realized completely. For the nonhomogeneous case, we prove a result which contains the result of Bruss (2000) under an independence structure.
| Original language | English |
|---|---|
| Pages (from-to) | 271-281 |
| Number of pages | 11 |
| Journal | Journal of Applied Probability |
| Volume | 39 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2002 Jun 1 |
All Science Journal Classification (ASJC) codes
- Mathematics(all)
- Statistics and Probability
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Cite this
Hsiau, S-R., & Yang, J. R. (2002). Selecting the last success in Markov-dependent trials. Journal of Applied Probability, 39(2), 271-281. https://doi.org/10.1239/jap/1025131425