The concept of optimal stopping can be used in financial planning in various ways. For instance, it can help in deciding when to sell an investment to maximize profit or minimize loss. It can also be used in retirement planning to determine the best time to start drawing from retirement savings. The idea is to make the best possible decision at the right time, considering the potential future outcomes and the risks involved.
Can computer science teach us the secrets of life? Perhaps not, but they can shed light on how certa...
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