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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (B10)
M
=
[
R
0
0
0
]
+
[
0
2
×
2
0
0
[
W
−
K
L
W
]
11
]
+
[
0
[
K
L
W
]
11
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamytaiabg2 da9maadmaabaqbaeqabiGaaaqaaiaadkfaaeaaieqacaWFWaaabaGa a8hmaaqaaiaa=bdaaaaacaGLBbGaayzxaaGaey4kaSYaamWaaeaafa qabeGacaaabaGaa8hmamaaBaaaleaaiiaacqGFYaGmcqGFxdaTcqGF YaGmaeqaaaGcbaWexLMBb50ujbqegiuyZTwzYzxASXwzG8eBKbIrHn wzaGqbbiab9bdaWaqaaiaa=bdaaeaadaWadaqaaiaadEfacqGFsisl caWGlbGaamitaiaadEfaaiaawUfacaGLDbaadaWgaaWcbaGaaGymai aaigdaaeqaaaaaaOGaay5waiaaw2faaiabgUcaRmaadmaabaqbaeqa biqaaaqaaiaa=bdaaeaadaWadaqaaiaadUeacaWGmbGaam4vaaGaay 5waiaaw2faamaaBaaaleaacaaIXaGaaGymaaqabaaaaaGccaGLBbGa ayzxaaaaaa@6168@