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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (24)
w
t
−
p
t
−
γ
c
t
−
φ
n
t
−
λ
t
=
0
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4DamaaBa aaleaacaWG0baabeaaiiaakiab=jHiTiaadchadaWgaaWcbaGaamiD aaqabaGccqWFsislcqaHZoWzcaWGJbWaaSbaaSqaaiaadshaaeqaaO Gae8NeI0IaeqOXdOMaamOBamaaBaaaleaacaWG0baabeaakiab=jHi TiabeU7aSnaaBaaaleaacaWG0baabeaakiabg2da9iaaicdaaaa@4A27@