We consider the classic optimal parking problem in DeGroot (1970) [1] and Puterman (2005), but in which the driver has a general parking utility function.
We show that the driver's optimal policy involves at most sequences of skipping and parking in the first available spot.
We consider the classic optimal parking problem in DeGroot (1970) and Puterman (2005), but in which the driver has a general parking utility function.
Feb 20, 2018 · An example of an Optimal Stopping problem using One-Step-Look-Ahead.
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Then the optimal stopping rule for the parking problem is have. S* = inf{Tn: n ≥ 1, Tn ≥T or T > a}. (4). We give some simple examples to illustrate the ...
Note that, once the decision-maker has passed his destination without parking, he parks at the first place thereafter. For the uncontrolled system, we consider ...
Jul 11, 2016 · The theory of optimal stopping is concerned with the problem of choosing a time to take a given action.
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A possible solution is implementing dynamic prices in the meters so that occupancy rates are held stable at around 85%.
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Jul 14, 2016 · It is shown that, under an optimal policy, a U-turn never occurs before the destination, but may occur beyond the destination. Moreover, the ...
To find an optimal stopping time for this and related problems we extend the approach of Beibel and Lerche (1997). In the present case that means to represent ...