LOCBO calibrates the GP likelihood with localized online conformal prediction and then denoises it, claiming utility lower bounds that are not actually established for the expected-improvement setting.
Quantifying mismatch in Bayesian optimization,
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Robust Bayesian Optimization via Localized Online Conformal Prediction
LOCBO calibrates the GP likelihood with localized online conformal prediction and then denoises it, claiming utility lower bounds that are not actually established for the expected-improvement setting.