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In decision theory, the odds algorithm (or Bruss algorithm) is a mathematical method for computing optimal strategies for a class of problems that belong to the domain of optimal stopping problems.
Only 1s interest the seller, who may fear that each successive 1 might be the last.
The physician treats a sequence of n patients the same way, and wants to minimize any suffering, and to treat every responsive patient in the sequence.
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The importance of the odds strategy, and hence of the odds algorithm, lies in the following odds theorem.
There exists, in the same spirit, an Odds Theorem for continuous-time arrival processes with independent increments such as the Poisson process (Bruss 2000).
, a r ) {\displaystyle (a_{1},a_{2},.
For further numerical cases for r = 6 , .
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