Bayesian Adaptive Estimation with Theoretical Bound: An Exploration-Exploitation Approach

Figure 4

MSE curves of heterogeneous gap acceptance function, with the true parameter : (a) MSE of parameter ; (b) MSE of parameter . The red line is the MSE curve using the proposed E-E approach, and the black line is the MSE curve using the classical Bayesian adaptive estimation.

(a)

(b)