So far, we have talked about the secretary problem, or more generally, about optimal stopping, and how it can be useful to model when to sell a house, or how to look for a romantic partner. There are many

For the proper understanding of this post, you will need to know about the secretary problem. You can find information on it in an older post. In the last edition of 'Algorithms To Live By', we discussed

For the proper understanding of this post, you will need to know about the 37% rule and the secretary problem. You can find information on both in my last edition of "Algorithms To Live By".

The 37% rule came to exist as a result of the study of optimal's stopping most famous puzzle, the secretary problem. The setup of the problem is as follows. Imagine you are interviewing candidates for

As the followers of my series might know, I usually have two series running side by side. I do this because very often ideas from one series nurture ideas for the other one. Furthermore, it helps make