RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge Equation (47)

b = [ β θ β θ ( 1 θ ) β θ ( 1 θ ) ] . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbeGaa8Nyai aa=1dadaWadaqaaiabek7aIjabeI7aXjaaykW7cqaHYoGycqaH4oqC daqadaqaaiaaigdaiiaacqGFsislcqaH4oqCaiaawIcacaGLPaaaca aMc8UaeS47IWKaaGPaVlabek7aIjabeI7aXnaabmaabaGaaGymaiab +jHiTiabeI7aXbGaayjkaiaawMcaamaaCaaaleqabaGaeyOhIukaaa GccaGLBbGaayzxaaGaaiOlaaaa@5649@