{"id":"https://openalex.org/W4241182437","doi":"https://doi.org/10.1017/s0001867800011691","title":"Optimal Stopping of the Maximum Process","display_name":"Optimal Stopping of the Maximum Process","publication_year":2014,"publication_date":"2014-09-01","ids":{"openalex":"https://openalex.org/W4241182437","doi":"https://doi.org/10.1017/s0001867800011691"},"language":"en","primary_location":{"id":"doi:10.1017/s0001867800011691","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s0001867800011691","pdf_url":null,"source":{"id":"https://openalex.org/S160779208","display_name":"Journal of Applied Probability","issn_l":"0021-9002","issn":["0021-9002","1475-6072"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Probability","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051011127","display_name":"Luis H. R. Alvarez","orcid":null},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Luis H. R. Alvarez","raw_affiliation_strings":[],"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5047145378","display_name":"Pekka Matom\u00e4ki","orcid":"https://orcid.org/0000-0002-0241-8406"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Pekka Matom\u00e4ki","raw_affiliation_strings":[],"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5051011127"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.4408,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.77667029,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"51","issue":"03","first_page":"818","last_page":"836"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11773","display_name":"Healthcare Operations and Scheduling Optimization","score":0.9661999940872192,"subfield":{"id":"https://openalex.org/subfields/3604","display_name":"Emergency Medical Services"},"field":{"id":"https://openalex.org/fields/36","display_name":"Health Professions"},"domain":{"id":"https://openalex.org/domains/4","display_name":"Health Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9589999914169312,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/optimal-stopping","display_name":"Optimal stopping","score":0.8567743301391602},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.843980073928833},{"id":"https://openalex.org/keywords/parameterized-complexity","display_name":"Parameterized complexity","score":0.68907231092453},{"id":"https://openalex.org/keywords/discretization","display_name":"Discretization","score":0.6746329069137573},{"id":"https://openalex.org/keywords/diffusion-process","display_name":"Diffusion process","score":0.5805798768997192},{"id":"https://openalex.org/keywords/class","display_name":"Class (philosophy)","score":0.5761176943778992},{"id":"https://openalex.org/keywords/boundary","display_name":"Boundary (topology)","score":0.5107150077819824},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5068474411964417},{"id":"https://openalex.org/keywords/stopping-time","display_name":"Stopping time","score":0.5055949687957764},{"id":"https://openalex.org/keywords/brownian-motion","display_name":"Brownian motion","score":0.4935852289199829},{"id":"https://openalex.org/keywords/diffusion","display_name":"Diffusion","score":0.4724051356315613},{"id":"https://openalex.org/keywords/state","display_name":"State (computer science)","score":0.4556598365306854},{"id":"https://openalex.org/keywords/wiener-process","display_name":"Wiener process","score":0.44104307889938354},{"id":"https://openalex.org/keywords/applied-mathematics","display_name":"Applied mathematics","score":0.43626832962036133},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.27189844846725464},{"id":"https://openalex.org/keywords/mathematical-analysis","display_name":"Mathematical analysis","score":0.22690406441688538},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.1306840181350708},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.0934089720249176}],"concepts":[{"id":"https://openalex.org/C99414536","wikidata":"https://www.wikidata.org/wiki/Q7098950","display_name":"Optimal stopping","level":2,"score":0.8567743301391602},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.843980073928833},{"id":"https://openalex.org/C165464430","wikidata":"https://www.wikidata.org/wiki/Q1570441","display_name":"Parameterized complexity","level":2,"score":0.68907231092453},{"id":"https://openalex.org/C73000952","wikidata":"https://www.wikidata.org/wiki/Q17007827","display_name":"Discretization","level":2,"score":0.6746329069137573},{"id":"https://openalex.org/C68710425","wikidata":"https://www.wikidata.org/wiki/Q5275442","display_name":"Diffusion process","level":3,"score":0.5805798768997192},{"id":"https://openalex.org/C2777212361","wikidata":"https://www.wikidata.org/wiki/Q5127848","display_name":"Class (philosophy)","level":2,"score":0.5761176943778992},{"id":"https://openalex.org/C62354387","wikidata":"https://www.wikidata.org/wiki/Q875399","display_name":"Boundary (topology)","level":2,"score":0.5107150077819824},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5068474411964417},{"id":"https://openalex.org/C99888217","wikidata":"https://www.wikidata.org/wiki/Q1288707","display_name":"Stopping time","level":2,"score":0.5055949687957764},{"id":"https://openalex.org/C112401455","wikidata":"https://www.wikidata.org/wiki/Q178036","display_name":"Brownian motion","level":2,"score":0.4935852289199829},{"id":"https://openalex.org/C69357855","wikidata":"https://www.wikidata.org/wiki/Q163214","display_name":"Diffusion","level":2,"score":0.4724051356315613},{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.4556598365306854},{"id":"https://openalex.org/C60391097","wikidata":"https://www.wikidata.org/wiki/Q1056809","display_name":"Wiener process","level":2,"score":0.44104307889938354},{"id":"https://openalex.org/C28826006","wikidata":"https://www.wikidata.org/wiki/Q33521","display_name":"Applied mathematics","level":1,"score":0.43626832962036133},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.27189844846725464},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.22690406441688538},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.1306840181350708},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0934089720249176},{"id":"https://openalex.org/C3017618536","wikidata":"https://www.wikidata.org/wiki/Q304994","display_name":"Innovation diffusion","level":2,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C97355855","wikidata":"https://www.wikidata.org/wiki/Q11473","display_name":"Thermodynamics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1017/s0001867800011691","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s0001867800011691","pdf_url":null,"source":{"id":"https://openalex.org/S160779208","display_name":"Journal of Applied Probability","issn_l":"0021-9002","issn":["0021-9002","1475-6072"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Probability","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":2,"referenced_works":["https://openalex.org/W2057107331","https://openalex.org/W2135012046"],"related_works":["https://openalex.org/W4316830005","https://openalex.org/W3097642646","https://openalex.org/W2022139826","https://openalex.org/W1989184280","https://openalex.org/W2002489931","https://openalex.org/W3123468487","https://openalex.org/W2044492746","https://openalex.org/W4391047184","https://openalex.org/W565459584","https://openalex.org/W2755373000"],"abstract_inverted_index":{"We":[0,53,70,89],"consider":[1],"a":[2,20,42,66,73,78,98,103],"class":[3,85],"of":[4,19,24,45,49,86,93],"optimal":[5],"stopping":[6,47,87],"problems":[7,48],"involving":[8],"both":[9,97],"the":[10,16,26,30,50,62,83,91,94],"running":[11],"maximum":[12],"as":[13,15],"well":[14],"prevailing":[17],"state":[18],"linear":[21],"diffusion.":[22,52],"Instead":[23],"tackling":[25],"problem":[27,64],"directly":[28],"via":[29],"standard":[31,46],"free":[32],"boundary":[33],"approach,":[34],"we":[35],"take":[36],"an":[37],"alternative":[38],"route":[39],"and":[40,102],"present":[41],"parameterized":[43],"family":[44,56],"underlying":[51],"apply":[54],"this":[55],"to":[57],"delineate":[58],"circumstances":[59],"under":[60],"which":[61],"original":[63],"admits":[65],"unique,":[67],"well-defined":[68],"solution.":[69],"then":[71],"develop":[72],"discretized":[74],"approach":[75],"resulting":[76],"in":[77,96],"numerical":[79],"algorithm":[80,95],"for":[81],"solving":[82],"considered":[84],"problems.":[88],"illustrate":[90],"use":[92],"geometric":[99],"Brownian":[100],"motion":[101],"mean":[104],"reverting":[105],"diffusion":[106],"setting.":[107]},"counts_by_year":[{"year":2016,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
