RDP 8801: Time-Consistent Policy: A Survey of the Issues Equation (a13)

m T ={ ( 1−αμ ) w T +( 1+α ) q 0 +α( 1+α ) μp T−1 }/( 1+μα 2 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyBamaaBa aaleaacaqGubaabeaakiaab2dacaaMc8+aaiWaaeaadaqadaqaaiaa bgdacaqGTaGaaGPaVlaabg7acaqG8oaacaGLOaGaayzkaaGaae4Dam aaBaaaleaacaqGubaabeaakiaabUcacaaMc8+aaeWaaeaacaqGXaGa ae4kaiaabg7aaiaawIcacaGLPaaacaqGXbWaaSbaaSqaaiaabcdaae qaaOGaae4kaiaaykW7caqGXoWaaeWaaeaacaqGXaGaae4kaiaabg7a aiaawIcacaGLPaaacaqG8oGaaeiCamaaBaaaleaacaqGubGaaeylai aabgdaaeqaaaGccaGL7bGaayzFaaGaaGPaVlaab+cacaaMc8Uaaiik aiaabgdacaqGRaGaaeiVdiaabg7adaahaaWcbeqaaiaabkdaaaGcca GGPaaaaa@63BF@