So the other guy is pricing below costs, the way which I avoid making losses is to set my price above his price.

所以另一家公司定价低于成本,我想要避免损失的方法是,将我的价格设定得比它高

耶鲁公开课 - 博弈论课程节选

Let's just make sure we understand this, if the other guy is selling below cost, the only way I can make any sales is to price below his price.

来确认下大家都明白这点,如果另外一家公司定价低于成本,我想卖出产品的唯一方法就是定价比它低

耶鲁公开课 - 博弈论课程节选

Jeremy Siegel, in his book, which is assigned for this course, is really emphasizing this capital asset pricing model, emphasizing the kind of efficient portfolio frontier calculations that I've done.

杰里米·西格尔的著作，是本课的指定书目，书中着重讲述了资本资产定价模型，以及有效边界等的计算方法,这部分我已经讲完了。

耶鲁公开课 - 金融市场课程节选

I don't want to make losses, so I just "get out of the market," and the way I "get out of the market," is by pricing above the other guy.

我不想承担亏损,所以我就退出市场,而我退出市场的方法,就是定价比它高

耶鲁公开课 - 博弈论课程节选