How does Optimal Stopping relate to the concept of time managemen

Optimal Stopping is a decision-making strategy that involves choosing the best time to take a certain action to maximize potential benefits or minimize potential costs. In terms of time management, it can be applied by determining the optimal time to stop an activity or switch to a different task to ensure efficiency and productivity. For instance, in a work setting, it could be deciding when to stop researching and start writing a report, or when to stop brainstorming and start implementing ideas.

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"Optimal Stopping" problems refer to dilemmas that require the best decision in the shortest amount of time. How do you balance the need to get all the facts with the need to act before it's too late? Common examples include searching for the perfect parking spot, when to rent an apartment before they're all taken and when to hire the best candidate for a job. The latter has been thoroughly examined and discussed by mathematicians since the 1950s.

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Algorithms to Live By: The Computer Science of Human Decisions by Brian Christian and Tom Griffiths

Can computer science teach us the secrets of life? Perhaps not, but they can shed light on how certain everyday processes work and how to exploit them...

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