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Main Authors: Correa, José, Gergatsouli, Evangelia, Ziliotto, Bruno
Format: Preprint
Published: 2025
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Online Access:https://arxiv.org/abs/2509.24132
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author Correa, José
Gergatsouli, Evangelia
Ziliotto, Bruno
author_facet Correa, José
Gergatsouli, Evangelia
Ziliotto, Bruno
contents We investigate the role of commitment in optimal stopping by studying all the variants between Prophet Inequality (PI) and Pandora's Box (PB). Both problems deal with a set of variables drawn from known distributions. In PI the gambler observes an adversarial order of these variables with the goal of selecting one that maximizes the expected value against a prophet who knows the exact values realized. The gambler has to irrevocably decide at each step whether to select the value or discard it (commitment). On the other hand, in PB the gambler selects the order of inspecting the variables and for each pays an observation cost to see the actual value realized, aiming to choose one to maximize the net cost of the value chosen minus the observation cost paid. The gambler in PB can return and select any variable already seen (no commitment). For all the variants between these problems that arise by changing parameters such as (1) commitment (2) observation cost (3) order selection, we concisely summarize the known results and fill the gaps of variants not yet studied. We also uncover connections to Ski-Rental, a classic online algorithm problem.
format Preprint
id arxiv_https___arxiv_org_abs_2509_24132
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle The Role of Commitment in Optimal Stopping
Correa, José
Gergatsouli, Evangelia
Ziliotto, Bruno
Data Structures and Algorithms
We investigate the role of commitment in optimal stopping by studying all the variants between Prophet Inequality (PI) and Pandora's Box (PB). Both problems deal with a set of variables drawn from known distributions. In PI the gambler observes an adversarial order of these variables with the goal of selecting one that maximizes the expected value against a prophet who knows the exact values realized. The gambler has to irrevocably decide at each step whether to select the value or discard it (commitment). On the other hand, in PB the gambler selects the order of inspecting the variables and for each pays an observation cost to see the actual value realized, aiming to choose one to maximize the net cost of the value chosen minus the observation cost paid. The gambler in PB can return and select any variable already seen (no commitment). For all the variants between these problems that arise by changing parameters such as (1) commitment (2) observation cost (3) order selection, we concisely summarize the known results and fill the gaps of variants not yet studied. We also uncover connections to Ski-Rental, a classic online algorithm problem.
title The Role of Commitment in Optimal Stopping
topic Data Structures and Algorithms
url https://arxiv.org/abs/2509.24132