Optimal On-line Selection of an Alternating Subsequence: a Central Limit Theorem

نویسندگان

  • ALESSANDRO ARLOTTO
  • MICHAEL STEELE
چکیده

We analyze the optimal policy for the sequential selection of an alternating subsequence from a sequence of n independent observations from a continuous distribution F , and we prove a central limit theorem for the number of selections made by that policy. The proof exploits the backward recursion of dynamic programming and assembles a detailed understanding of the associated value functions and selection rules.

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تاریخ انتشار 2012