RDP 8801: Time-Consistent Policy: A Survey of the Issues Equation (1.3)

π t =p t p t−1 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiWdmaaBa aaleaacaqG0baabeaakiaab2dacaqGWbWaaSbaaSqaaiaabshaaeqa aOGaaeylaiaaykW7caqGWbWaaSbaaSqaaiaabshacaqGTaGaaeymaa qabaaaaa@40FE@