2 problems

GPTA optimality conjecture. Among all nested testing procedures that preserve the order $u_1,u_2,\ldots,u_n$, the GPTA is an optimal nested procedure. It is not necessarily uniquel…

Let $V(n,\pi)$ be the value function defined in, where $n$ denotes the time index, $\pi$ is the relevant state variable, $\mu$ is a prior distribution, and $\nu$ is the parameter a…