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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (39)
d
=
d
M
−
1
γ
(
ϕ
π
c
+
ϕ
y
d
−
M
c
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbeGaiWiG=r gacaWF9aGaa8hzaiaad2eaiiaacqGFsisldaWcaaqaaiaaigdaaeaa cqaHZoWzaaWaaeWaaeaacqaHvpGzdaWgaaWcbaGaeqiWdahabeaaie aakiaa9ngacaqFRaGaeqy1dy2aaSbaaSqaaiaadMhaaeqaaOGaa8hz aiab+jHiTiaad2eacaWFJbaacaGLOaGaayzkaaaaaa@4B24@