Discussion on "An effective method for the explicit solution of sequential problems on the real line" by Sören Christensen. Issue 1 (2nd January 2017)

• Record Type: Journal Article
• Authors: Tartakovsky, Alexander G.
• Is Part Of: Sequential analysis. Volume 36:Issue 1(2017)
• Page Start: 19
• Page End: 23
• Publication Date: 2017-01-02
• Subjects: Markov processes -- optimal stopping theory -- sequential analysis -- threshold stopping rules; 60G40 -- 62L10 -- 62P30; Sequential analysis -- Periodicals; 519.54
• DOI: 10.1080/07474946.2016.1275316
• Languages: English
• ISSNs: 0747-4946

Abstract

ABSTRACT: Optimal stopping theory is a key part of sequential analysis and applied probability. Dr. Sören Christensen's article is an important contribution to solving a class of optimal stopping problems for Markov processes mainly in continuous time, but a certain expansion to discrete time is also given. This discussion contains several issues that naturally arise in many statistical applications.