A Multi-Attribute Extension of the Secretary Problem: Theory and Experiments

Volume: 49, Issue: 5, Pages: 410 - 422
Published: Oct 1, 2005
Abstract
null null We present a generalization of a class of sequential search problems with ordinal ranks, referred to as “secretary” problems, in which applicants are characterized by multiple attributes. We then present a procedure for numerically computing the optimal search policy and test it in two experiments with incentive-compatible payoffs. With payoffs dependent on the absolute ranks of the attributes, we test the optimal search model with...
Paper Details
Title
A Multi-Attribute Extension of the Secretary Problem: Theory and Experiments
Published Date
Oct 1, 2005
Volume
49
Issue
5
Pages
410 - 422
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