• It has to stay relevant to the market, so nobody really knows where these interest rates come from because no one person sets them.

    交易价格必须与市场价格一致,因此没有人能确定,利率的决定过程,因为个人无法决定利率

    耶鲁公开课 - 金融市场课程节选

  • In one model we thought of the firms setting quantities and the market determining prices, and here we have the firms setting prices and the market determining quantities, but the basic underlying economic structure of this is very, very similar.

    在前一个模型我们假设公司设定产量,而市场决定价格,在本模型中我们假设公司设定价格,而市场决定产量,但基本的经济结构是非常,非常相似的

    耶鲁公开课 - 博弈论课程节选

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