2 problems
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The boundary condition conjecture for the optimal dividend value function
Let be the value function defined in equation (U), and let denote the corresponding boundary condition. Boundary condition conjecture. The boundary condition holds for in.…
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Nonexistence of pathwise optimal strategies for generic transformations
Let be a generic transformation in the setting of decisions with partial information, where a strategy is called pathwise optimal if its time-average loss attains the optimal m…