">2009</CitationRef>), the critical values of the joint null distributions of these test statistics for sequential testing discordancy of …

This paper analyzes the optimal provision of incentives in a sequential testing context. In every period the agent can …

tests usually leads to sequential testing bias, which in turn leads to jump discovery with probability one, in the limit … long-span asymptotics, which solve both the test consistency and the sequential testing bias problems discussed above, in …

, Asian option, Russian option, Bayesian sequential testing problem, disorder detection problem. 1 … American put and Asian options in Black-Scholes models as well as on the flnite horizon Bayesian sequential testing and … Wiener sequential testing problem with flnite horizon [29; Chapter IV, Section 3], [6]). Suppose that in (2.2) we have G …

selection criterion, nonlinear modelling, sequential testing, switching regression. JEL Classification Code: C22, C51 ∗This … asymptotic theory for inference. Hansen (1999a) suggested a sequential testing approach to the regime selection problem. This …

CUSUM-type procedure is developed for the sequential testing of changes in the parameter. …