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Side-stepping the Secretary Problem, unwittingly

100 points · 17 comments · pvdebbe

  1. fph · · focus · HN ↗
    The classical solution to the secretary problem works under two very unrealistic assumptions: (1) you win only if you pick the best candidate. Picking a close second is worth nothing. (2) you have no prior information about the expected distribution of the skills of possible applicants.

    So I am not sure we should really follow that heuristic in real life.

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