Generalized Lambda

$\newcommand{\ystar}{y^{*}} \newcommand{\Ycal}{\mathcal{Y}} \newcommand{\isample}{^{(i)}} \newcommand{\kernel}{p_{\epsilon}(\ystar \mid y)} \newcommand{\tkernel}{\tilde{p}_{\epsilon}(\ystar \mid y)} \newcommand{\jointABCpost}{p_{\epsilon}(\theta, y \mid \ystar)} \newcommand{\like}{p(y \mid \theta)} \newcommand{\prior}{p(\theta)} \newcommand{\truepost}{p(\theta \mid \ystar)} \newcommand{\ABCpost}{p_{\epsilon}(\theta \mid \ystar)} \newcommand{\ABClike}{p_{\epsilon}(\ystar \mid \theta)} \newcommand{\kerneltilde}{\tilde{p}_{\epsilon}(\ystar \mid y)} \newcommand{\zkernel}{Z_{\epsilon}} \newcommand{\truelike}{p(\ystar \mid \theta)}$

Mathematical Set Up

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