| Article ID: | iaor1988661 |
| Country: | Germany |
| Volume: | 33 |
| Start Page Number: | 63 |
| End Page Number: | 67 |
| Publication Date: | Mar 1989 |
| Journal: | Mathematical Methods of Operations Research (Heidelberg) |
| Authors: | Beckmann M.J. |
Let the hand of a clock moving at constant speed be set so as to stop at any point with equal probability. A decision-maker receives the amount shown by the hand if he calls ‘stop’ before the clock stops on its own, otherwise he gets nothing. Find the best strategy.