RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (34)
x
t
|
t
(
0
:
∞
)
=
M
x
t
−
1
|
t
−
1
(
0
:
∞
)
+
N
v
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbeGaa8hEam aaDaaaleaacaWG0bWaaqqaaeaacaWG0baacaGLhWoaaeaadaqadaqa aiaaicdaiiaacqGF6aGocqGHEisPaiaawIcacaGLPaaaaaGccqGH9a qpcaWGnbGaa8hEamaaDaaaleaacaWG0bGae4NeI0IaaGymamaaeeaa baGaamiDaaGaay5bSdGae4NeI0Iae4xmaedabaWaaeWaaeaacaaIWa Gae4NoaOJaeyOhIukacaGLOaGaayzkaaaaaOGaey4kaSIaamOtaiaa =zhadaWgaaWcbaGaamiDaaqabaaaaa@51E2@