Balint Erdi

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The critical thing to note in this problem is that our threshold depends only on the cost of search. Since the chances of the next offer being a good one—and the cost of finding out—never change, our stopping price has no reason to ever get lower as the search goes on, regardless of our luck. We set it once, before we even begin, and then we quite simply hold fast.
Algorithms to Live By: The Computer Science of Human Decisions
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