RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (14)
E
0
∑
t
=
0
∞
β
t
(
exp
(
δ
t
)
C
t
1
−
γ
1
−
γ
−
exp
(
λ
t
)
N
t
1
+
φ
1
+
φ
)
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