In the case of the Investor Game last week, every player preferred one equilibrium to the other.

比如上一讲投资博弈中,每个参与人都偏好同一个均衡

耶鲁公开课 - 博弈论课程节选

But it was also what we call shareholder activism or investor activism -that he was getting involved in changing the way corporations do business.

但是它同时也被人们称作,股东行动主义,或投资者行动主义,也就是他参与进来,去改变公司经营的方式

耶鲁公开课 - 金融市场课程节选

With non-participating--with participating, you are participating in the portfolio outcome that the insurance company is experiencing, so you have some uncertainty about your cash value.

所谓参与式分红保险,是指你的收益来自某个投资组合收益,而这个投资组合是由保险公司来管理的,所以保单的现金价值是不确定的

耶鲁公开课 - 金融市场课程节选

They're complicated, so the general rule has been that only accredited investors should participate in them.

PP很复杂,所以一般的原则是,只有可信投资者才能参与其中

耶鲁公开课 - 金融市场课程节选