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Tag Archives: Arbeitssuchende

Was “rationale” Arbeitssuchende …

- über Dynamische Programmierung wissen sollten:

Consider an unemployed person who will be able to work for ten more years t = 1,2,…,10. Suppose that each year in which she remains unemployed, she may be offered a ‘good’ job that pays $100, or a ‘bad’ job that pays $44, with equal probability (50/50). Once she accepts a job, she will remain in that job for the rest of the ten years. (Assume for simplicity that …   Read more »»»