Skip to content
RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation
x
t
(
0
)
≡
x
t
x
t
|
s
(
1
)
≡
∫
E
[
x
t
|
I
s
(
j
)
]
d
j
x
t
|
s
(
2
)
≡
∫
E
[
x
t
|
s
(
1
)
|
I
s
(
j
)
]
d
j
x
t
|
s
(
k
)
≡
∫
E
[
x
t
|
s
(
k
−
1
)
|
I
s
(
j
)
]
d
j
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWG4b Waa0baaSqaaiaadshaaeaadaqadaqaaiaaicdaaiaawIcacaGLPaaa aaGccqGHHjIUcaWG4bWaaSbaaSqaaiaadshaaeqaaaGcbaGaamiEam aaDaaaleaacaWG0bWaaqqaaeaacaWGZbaacaGLhWoaaeaadaqadaqa aiaaigdaaiaawIcacaGLPaaaaaGccqGHHjIUdaWdbaqaaiaadweada WadaqaaiaadIhadaWgaaWcbaGaamiDaaqabaGcdaabbaqaaiaadMea daWgaaWcbaGaam4CaaqabaGcdaqadaqaaiaadQgaaiaawIcacaGLPa aaaiaawEa7aaGaay5waiaaw2faaaWcbeqab0Gaey4kIipakiaaykW7 caWGKbGaamOAaaqaaiaadIhadaqhaaWcbaGaamiDamaaeeaabaGaam 4CaaGaay5bSdaabaWaaeWaaeaacaaIYaaacaGLOaGaayzkaaaaaOGa eyyyIO7aa8qaaeaacaWGfbWaamWaaeaacaWG4bWaa0baaSqaaiaads hadaabbaqaaiaadohaaiaawEa7aaqaamaabmaabaGaaGymaaGaayjk aiaawMcaaaaakmaaeeaabaGaamysamaaBaaaleaacaWGZbaabeaakm aabmaabaGaamOAaaGaayjkaiaawMcaaaGaay5bSdaacaGLBbGaayzx aaaaleqabeqdcqGHRiI8aOGaaGPaVlaadsgacaWGQbaabaGaamiEam aaDaaaleaacaWG0bWaaqqaaeaacaWGZbaacaGLhWoaaeaadaqadaqa aiaadUgaaiaawIcacaGLPaaaaaGccqGHHjIUdaWdbaqaaiaadweada WadaqaaiaadIhadaqhaaWcbaGaamiDamaaeeaabaGaam4CaaGaay5b SdaabaWaaeWaaeaacaWGRbaccaGae8NeI0IaaGymaaGaayjkaiaawM caaaaakmaaeeaabaGaamysamaaBaaaleaacaWGZbaabeaakmaabmaa baGaamOAaaGaayjkaiaawMcaaaGaay5bSdaacaGLBbGaayzxaaaale qabeqdcqGHRiI8aOGaaGPaVlaadsgacaWGQbGaaiOlaaaaaa@9628@