Proofs of Propositions for Let the Pirates Patch ?

نویسنده

  • Tunay I. Tunca
چکیده

Proof of Lemma B.1: For the sake of clarity in exposition, we will defer the proofs for the statements vsp= vp=1 when πaα≥ cp and πdcd≥ p to Lemmas B.2 and B.3. When πaαπdcd, under both policies l and nl, we have vsp= vp=1. This is because (A.3), (A.12), and (A.17) will not hold for all v ∈V. Now by (A.2) and (A.16), the equilibrium unpatched population is in the form u(σ)= ν(vsp − vs) + (1− ν)(vp − vb) . (B.6)

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تاریخ انتشار 2008