So I want to figure out the best response of Firm 1 as a function of the price chosen by Firm 2.

我想找出公司1的最佳对策,并用公司2价格的函数表示

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Good, so what I have here is an equation that tells me Player 1's best response for each possible choice of Player 2.

这个方程表示,参与人2不同策略下参与人1的最佳对策

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This is the best response of Player 1 to the best response of Player 2, to the best response of Player 1 to Player 2 producing half monopoly output and there are lots of brackets here.

它表示参与人1对于参与人2的最佳对策,是参与人2生产垄断产量一半的情况下的,这里有一大堆的括号

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So for each possible choice of S2, I'm going to draw Player I's best response and we'll do it in red.

对于任意定义域内的S2,我用红色来表示参与人I的最佳对策

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What will Player II's best response look like as a function of Player I's choice in the same picture?

在同一个图像里面怎么表示,参与人II的最佳对策是I策略的函数

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So this the best response for Player II for every possible choice of Player I, and just to make sure we understand it, what this blue line tells me is you give me an S1, an effort level of Player I, I read up to the blue line and go across and that tells me Player II's best response.

这就是在任意参与人I的可选策略下,参与人II的最佳对策,为了让大家都明白,这条蓝色线表示给定一个S1,即参与人I的付出,通过查找蓝色的线,可以得出参与人II的最佳对策

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