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RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge
Equation (46)
a
=
[
(
1
−
θ
)
(
1
−
β
θ
)
(
1
−
θ
)
2
(
1
−
β
θ
)
⋯
(
1
−
θ
)
∞
(
1
−
β
θ
)
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbeGaa8xyai aa=1dadaWadaqaamaabmaabaGaaGymaGGaaiab+jHiTiabeI7aXbGa ayjkaiaawMcaamaabmaabaGaaGymaiab+jHiTiabek7aIjabeI7aXb GaayjkaiaawMcaamaabmaabaGaaGymaiab+jHiTiabeI7aXbGaayjk aiaawMcaamaaCaaaleqabaGaaGOmaaaakmaabmaabaGaaGymaiab+j HiTiabek7aIjabeI7aXbGaayjkaiaawMcaaiaaykW7cqWIVlctcaaM c8+aaeWaaeaacaaIXaGae4NeI0IaeqiUdehacaGLOaGaayzkaaWaaW baaSqabeaacqGHEisPaaGcdaqadaqaaiaaigdacqGFsislcqaHYoGy cqaH4oqCaiaawIcacaGLPaaaaiaawUfacaGLDbaaaaa@6358@