Well, that leakage--that 1.5% or 2% that you pay your hedge fund manager- plus the 20% of profits really reduces the amount of return that's available for the owners of capital.
系统的损耗,大约1.5%或2%的管理费率,用来支付给对冲基金经理,加上20%的利润提成,显著减少了资本所有者,可以得到的回报
and then use the proceeds, use the profits that you make from selling the product to make the product better.
然后用得到的钱,用销售产品的收入和利润来改进产品。
At the margin, I'm reaping, I'm bearing the cost for the extra unit of effort I contribute, but I'm only reaping half of the induced profits of the firm, because of profit sharing.
从边际角度分析,我承担了多付出的全部边际成本,但我却只能得到一半的边际收益,因为利润是均分的
She gets half of those profits but it also costs her S1 squared.
她得到了一半利润,但她成本是S1方
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