An adaptive O(log n)‐optimal policy for the online selection of a monotone subsequence from a random sample

Given a sequence of n independent random variables with common continuous distribution, we propose a simple adaptive online policy that selects a monotone increasing subsequence. We show that the expected number of monotone increasing selections made by such a policy is within O(log⁡n) of optimal. Our construction provides a direct and natural way for proving the O(log⁡n)‐optimality gap. An earlier proof of the same result made crucial use of a key inequality of Bruss and Delbaen [5] and of de‐Poissonization.