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33 - The Secretary Problem from the Applicant's Point of View

from VI - Cards and Probability

Michael Henle
Affiliation:
Oberlin College
Brian Hopkins
Affiliation:
Saint Peter's University
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Summary

Searching for a job is always stressful and, with unemployment rates at their highest levels in years, never more so than now. Applicants can and should use every advantage at their disposal to obtain a job which is rewarding, financially and otherwise. While this author believes a math major gives applicants many advantages as they search for their dream job, one often overlooked is the ability to strategize and schedule their interviews to maximize the chance of landing that job.

The secretary problem helps an employer find the optimal candidate for a job out of a large pool of applicants. The set up is as follows: only one person can be hired, and, for any pair of applicants, the employer has a strict preference for one of them that they can discern after seeing both. However, after each interview the employer must either accept or reject the candidate. If the candidate is the final person, the interviewer simply must accept them, as rejected candidates cannot be recalled. In the classical formulation of the problem, the goal is to select the best applicant overall.

What strategy can the employer use to maximize the probability of hiring the best overall applicant? It is clear that, other than the final candidate, you only hire an applicant if they are the best applicant you have seen to that point. Otherwise you are certainly not hiring the best person.

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Publisher: Mathematical Association of America
Print publication year: 2012

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