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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (B1)
X
t
≡
[
x
t
−
1
|
t
−
1
(
0
:
∞
)
x
t
|
t
(
0
:
∞
)
]
,
X
t
=
W
X
t
−
1
+
[
0
N
]
v
t
W
≡
[
M
0
I
0
]
,
v
t
=
[
ν
t
η
t
δ
t
]
′
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabiGaaa qaaiaacIfadaWgaaWcbaGaamiDaaqabaGccqGHHjIUdaWadaqaamaa DaaaleaaieqacaWFybWaa0baaWqaaiaadshaiiqacqGFsislcaaIXa WaaqqaaeaacaWG0bGae4NeI0IaaGymaaGaay5bSdaabaWaaeWaaeaa caaIWaGae4NoaOJaeyOhIukacaGLOaGaayzkaaaaaaWcbaGaa8hwam aaDaaameaacaWG0bWaaqqaaeaacaWG0baacaGLhWoaaeaadaqadaqa aiaaicdacqGF6aGocqGHEisPaiaawIcacaGLPaaaaaaaaaGccaGLBb GaayzxaaGaaiilaaqaaiaadIfadaWgaaWcbaGaamiDaaqabaGccqGH 9aqpcaWGxbGaamiwamaaBaaaleaacaWG0bGae4NeI0IaaGymaaqaba GccqGHRaWkdaWadaqaamaaDaaaleaacaaIWaaabaGaamOtaaaaaOGa ay5waiaaw2faaiaadAfadaWgaaWcbaGaamiDaaqabaaakeaacaWGxb GaeyyyIO7aamWaaeaafaqabeGacaaabaGaamytaaqaaiaaicdaaeaa caWGjbaabaGaaGimaaaaaiaawUfacaGLDbaacaGGSaaabaGaamOvam aaBaaaleaacaWG0baabeaakiabg2da9maadmaabaqbaeqabeWaaaqa aiabe27aUnaaBaaaleaacaWG0baabeaaaOqaaiabeE7aOnaaBaaale aacaWG0baabeaaaOqaaiabes7aKnaaBaaaleaacaWG0baabeaaaaaa kiaawUfacaGLDbaadaahaaWcbeqaaGGaaiab9jdiIcaakiaac6caaa aaaa@793D@