Review paper
Review on ranking and selection: A new perspective
Abstract
In this paper, we briefly review the development of ranking-and-selection (R&S) in the past 70 years, especially the theoretical achievements and practical applications in the last 20 years. Different from the frequentist and Bayesian classifications adopted by Kim and Nelson (2006b) and Chick (2006) in their review articles, we categorize existing R&S procedures into fixed-precision and fixed-budget procedures, as in Hunter and Nelson (2017)....
Paper Details
Title
Review on ranking and selection: A new perspective
Published Date
Mar 29, 2021
Volume
8
Issue
3
Pages
321 - 343