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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (40)
E
[
m
c
t
(
j
)
|
I
t
(
j
)
]
≡
(
γ
+
φ
)
E
[
y
t
|
I
t
(
j
)
]
+
ω
t
(
j
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaadm aabaGaamyBaiaadogadaWgaaWcbaGaamiDaaqabaGcdaqadaqaaiaa dQgaaiaawIcacaGLPaaadaabbaqaaiaadMeadaWgaaWcbaGaamiDaa qabaGcdaqadaqaaiaadQgaaiaawIcacaGLPaaaaiaawEa7aaGaay5w aiaaw2faaiabggMi6oaabmaabaGaeq4SdCMaey4kaSIaeqOXdOgaca GLOaGaayzkaaGaamyramaadmaabaGaamyEaiaaxcW7daWgaaWcbaGa amiDaaqabaGcdaabbaqaaiaadMeadaWgaaWcbaGaamiDaaqabaGcda qadaqaaiaadQgaaiaawIcacaGLPaaaaiaawEa7aaGaay5waiaaw2fa aiabgUcaRiabeM8a3naaBaaaleaacaWG0baabeaakmaabmaabaGaam OAaaGaayjkaiaawMcaaiaac6caaaa@5F56@