RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge Equation (B5)

K = P L ( L P L + ε ε ) 1 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4saiabg2 da9iaadcfacaWGmbaccaGae8NmGi6aaeWaaeaacaWGmbGaamiuaiaa dYeacqWFYaIOcqGHRaWkcqWFris5daWgaaWcbaGaeqyTduMaeqyTdu gabeaaaOGaayjkaiaawMcaamaaCaaaleqabaGae8NeI0IaaGymaaaa aaa@483F@