RDP 8801: Time-Consistent Policy: A Survey of the Issues Equation (a17)

\begin{array}{l} \frac{{μα}^{2}}{({1+μα}^{2})} & q_{0}^{2} & + & \frac{δ}{1−δ} & \frac{{1+μα}^{2}}{{μα}^{2}} & q_{0}^{2} \end{array}