CVaR Pandora's box admits an exact Weitzman-style index after variational reduction, while CVaR prophet inequality has no constant-factor guarantee without distributional structure but recovers an explicit constant under recentered IFRA distributions.
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Risk of Bad Tails: CVaR-Aware Pandora's Box and Prophet Inequality
CVaR Pandora's box admits an exact Weitzman-style index after variational reduction, while CVaR prophet inequality has no constant-factor guarantee without distributional structure but recovers an explicit constant under recentered IFRA distributions.