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Lecture
Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
This lecture covers optimal stopping problems in applied probability and stochastic processes, focusing on the theory and practical applications. Topics include evaluation programs, asset selling problems, dynamic programming algorithms, correlated prices, and the optimal policy for accepting offers. The instructor presents a dynamic programming algorithm to determine the optimal policy for purchasing with a deadline, considering fluctuating prices and long horizons.