Construct · 1 fields · 1 citations

prophet inequality: a standalone construct

One name. One construct. A landmark on the map.

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Probability theory

the guarantee that a gambler seeing values one by one can, with a single threshold rule, secure at least half of what an all-knowing prophet would get.

In probability theory, prophet inequality refers to the guarantee that a gambler seeing values one by one can, with a single threshold rule, secure at least half of what an all-knowing prophet would get. This meaning comes from Samuel-Cahn (1984) in The Annals of Probability.[1]

Unit
Recovery means
Measured by

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Nearby constructs

threshold5 fields · 6 citationsjingle · one word, five constructs

References

Samuel-Cahn, E. (1984). Comparison of Threshold Stop Rules and Maximum for Independent Nonnegative Random Variables. The Annals of Probability, 12(4). https://doi.org/10.1214/aop/1176993150

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