| Article ID: | iaor20082765 |
| Country: | Netherlands |
| Volume: | 35 |
| Issue: | 3 |
| Start Page Number: | 324 |
| End Page Number: | 330 |
| Publication Date: | May 2007 |
| Journal: | Operations Research Letters |
| Authors: | Smith J. Cole, Lim Churlzu, Bearden J. Neil |
| Keywords: | optimal stopping |
We examine a sequential selection problem in which a single option must be selected. Each option’s value is a function of its attributes, whose precise values can be ascertained at a given cost. We prove the optimality of a threshold stopping rule for a general class of objective functions.