Prophet inequality

id: prophet-inequality-248-6736392
title: Prophet inequality
text: In the theory of online algorithms and optimal stopping, a prophet inequality is a bound on the expected value of a decision-making process that handles a sequence of random inputs from known probability distributions, relative to the expected value that could be achieved by a "prophet" who knows all the inputs ahead of time. These inequalities have applications in the theory of algorithmic mechanism design and mathematical finance.
brand slug: wiki
category slug: encyclopedia
description: Bound on optimal stopping in random sequences
original url: https://en.wikipedia.org/wiki/Prophet_inequality
date created:
date modified: 2023-08-13T07:04:12Z
main entity: {"identifier":"Q110655029","url":"https://www.wikidata.org/entity/Q110655029"}
image:
fields total: 13
integrity: 14

Related Entries

Explore Next Part