RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge Equation (27)

I t ( j ) = { ω t ( j ) , p s − 1 , y s − 1 , β , θ , γ , φ , σ ε 2 , σ ν 2 , σ η 2 , σ δ 2 | s ≤ t } . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamysamaaBa aaleaacaWG0baabeaakmaabmaabaGaamOAaaGaayjkaiaawMcaaiab g2da9maacmaabaGaeqyYdC3aaSbaaSqaaiaadshaaeqaaOWaaeWaae aacaWGQbaacaGLOaGaayzkaaGaaiilaiaadchadaWgaaWcbaGaam4C aGGaaiab=jHiTiaaigdaaeqaaOGaaiilaiaacMhadaWgaaWcbaGaam 4Caiab=jHiTiaaigdaaeqaaOGaaiilaiabek7aIjaacYcacqaH4oqC caGGSaGae83SdCMaaiilaiabeA8aQjaacYcacqaHdpWCdaqhaaWcba GaeqyTdugabaGaaGOmaaaakiaacYcacqaHdpWCdaqhaaWcbaGaeqyV d4gabaGaaGOmaaaakiaacYcacqaHdpWCdaqhaaWcbaGaeq4TdGgaba GaaGOmaaaakiaacYcacqaHdpWCdaqhaaWcbaGaeqiTdqgabaGaaGOm aaaakmaaeeaabaGaam4CaiabgsMiJkaadshaaiaawEa7aaGaay5Eai aaw2haaiaac6caaaa@6FBA@