From 966ab7e12fd61fcf94db0a36bd8326b750a4d417 Mon Sep 17 00:00:00 2001 From: Xuran Zeng <129227307+xzeng464@users.noreply.github.com> Date: Thu, 31 Oct 2024 09:38:56 -0400 Subject: [PATCH] Update hotz_miller.tex --- Week 11- Single Agent Dynamics II/hotz_miller.tex | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/Week 11- Single Agent Dynamics II/hotz_miller.tex b/Week 11- Single Agent Dynamics II/hotz_miller.tex index 829c8e1..6f9a7ec 100644 --- a/Week 11- Single Agent Dynamics II/hotz_miller.tex +++ b/Week 11- Single Agent Dynamics II/hotz_miller.tex @@ -173,8 +173,8 @@ \section*{Now for real} \begin{frame}{Arcidiacono Miller Lemma: Proof} \begin{align*} V\left(x\right) &= \int\max_{j}\left\{ v_{j}\left(x\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)\\ - &= \int\max_{j}\left\{ v_{j}\left(x\right)-v_{a}\left(x\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)-v_{a}\left(x\right)\\ - &= \int\max_{j}\left\{ \phi_{ja}\left(\mathbf{p}\left(x\right)\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)-v_{a}\left(x\right) + &= \int\max_{j}\left\{ v_{j}\left(x\right)-v_{a}\left(x\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)+v_{a}\left(x\right)\\ + &= \int\max_{j}\left\{ \phi_{ja}\left(\mathbf{p}\left(x\right)\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)+v_{a}\left(x\right) \end{align*} Letting $\psi_{a}\left(\mathbf{p}\left(x\right)\right)=\int\max_{j}\left\{ \phi_{ja}\left(\mathbf{p}\left(x\right)\right)+\varepsilon_{j}\right\} dG\left(\varepsilon_{j}\right)$ completes the proof \end{frame} @@ -431,4 +431,4 @@ \section*{Now for real} -\end{document} \ No newline at end of file +\end{document}