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Even with tools to automate the search through listings and get you ahead of other buyers, one of the tricky parts of apartment hunting is its “optimal stopping
by brchr 10y ago
Even with tools to automate the search through listings and get you ahead of other buyers, one of the tricky parts of apartment hunting is its “optimal stopping” structure: you have to decide when to commit without knowing whether an even better apartment might be out there.
This is a famous math problem (the “secretary problem”) with the lovely solution that you should define a time interval over which to search and not commit to anything until you’ve spent 1/e of that time -- 37% -- noncommittally exploring your options.
https://medium.com/galleys/optimal-stopping-45c54da6d8d0#.ljw4cby46 https://medium.com/galleys/optimal-stopping-45c54da6d8d0#.lj...