Contemporary Mathematics 1992; 248 pp; softcover Volume: 125 ISBN10: 0821851330 ISBN13: 9780821851333 List Price: US$60 Member Price: US$48 Order Code: CONM/125
 This volume contains the proceedings of the AMSIMSSIAM Joint Summer Research Conference on Strategies for Sequential Search and Selection in Real Time, held in June 1990 at the University of Massachusetts at Amherst. The conference focused on problems related to sequential observation of random variables and selection of actions in real time. Fortyseven researchers from twelve countries attended the conference. The eighteen papers collected here span four broad topics. The first five papers deal with selection problems in which the reward or cost depends on the observations only through their ranks; such problems have come to be called secretary problems. The next group of papers focuses on sequential search, bandit problems, and scheduling. These are followed by four papers on multicriteria and competitive problems, and the volume ends with four papers on prophet inequalities, records, and extreme values. Aimed at graduate students and researchers in mathematics and statistics, this book will provide readers with a feeling for the breadth and depth of contemporary research in these areas. Table of Contents  F. T. Bruss  Optimal selection, learning and machine implementation
 T. S. Ferguson, J. P. Hardwick, and M. Tamaki  Maximizing the duration of owning a relatively best object
 A. V. Gnedin and M. Sakaguchi  On a best choice problem related to the Poisson process
 Z. Govindarajulu  The secretary problem: optimal selection from two streams of candidates
 S. Silverman and A. Nádas  On the game of Googol as the secretary problem
 E. A. Feinberg  A Markov decision model of a search process
 E. L. Presman  Properties of optimal strategies in the Poisson version of the twoarmed bandit problem with two hypotheses
 R. Righter  Multiprocessor scheduling and the sequential assignment problem
 E. Z. Ferenstein  Twoperson nonzerosum sequential games with priorities
 T. S. Ferguson  Bestchoice problems with dependent criteria
 A. V. Gnedin  Multicriteria extensions of the best choice problem: sequential selection without linear order
 M. Yasuda  On a separation of a stopping game problem for standard Brownian motion
 F. Boshuizen  Multivariate prophet inequalities for negatively dependent random vectors
 T. P. Hillard and R. P. Kertz  A survey of prophet inequalities in optimal stopping theory
 T. P. Hillard and U. Krengel  A prophet inequality related to the secretary problem
 D. P. Kennedy and R. P. Kertz  Comparisons of optimal stopping values and expected suprema for i.i.d. r.v.'s with costs and discounting
 S. M. Samuels  An allatonce proof of Ignatov's theorem
 N. J. Schmitz  Games against a prophet
