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Asymptotically Optimum Sequential Inference and Design

Asymptotically Optimum Sequential Inference and Design

In recent years the study of sequential procedures which are asymptotically optimum in an appropriate sense as the cost $c$ per observation goes to zero has received considerable attention. On the one hand, Schwarz (1962) has recently given an interesting theory of the asymptotic shape, as $c \rightarrow 0$, of …