The limitations of using optimal stopping in decision making include the difficulty in determining the optimal point to stop, the risk of missing better options if the decision is made too early, and the possibility of ending up with no options if the decision is made too late. Additionally, optimal stopping relies on the assumption that the decision maker has perfect knowledge of the probabilities and outcomes, which is often not the case in real-world situations.
Can computer science teach us the secrets of life? Perhaps not, but they can shed light on how certa...
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