All of you chose Down, but Up does best against Left and Middle does best against Right.
你们都选择下,可是选上是左的最佳对策,而选中是右的最佳对策
When the stock market is going up they think that -they increasingly think that the stock market is just the best investment, until when it starts falling, then they start retracting from that.
当股票市场上行时,越来越多的人会觉得,股票是最佳投资选择,而当股市下跌时,人们纷纷从股市中撤出
So it turns out that, as the gentleman out there said, if I thought it was equally likely that my opponent was going to choose Left or Right, then actually my best choice, my best response is to choose Down.
这个结果和刚才那位先生说的,如果我觉得我对手,选择左或右的可能性相同的话,这时候最好的选择,也就是说我的最佳对策是选下
The percent who think it's the best investment is higher in Los Angeles than in Milwaukee, and since the peak of the bubble in 2003, it's been declining in Los Angeles but, surprisingly, rising in Milwaukee.
认为房地产是最佳投资选择的人群,在洛杉矶居民中所占比例远高于密尔沃基,自从2003年房产泡沫达到最高峰,洛杉矶房价就一直在下跌,令人惊异的是密尔沃基房价仍在上涨
Best price for Firm 1 to choose given that Firm 2 is choosing P2.
公司2选择P2时,公司1的最佳定价是多少
If Firm II is charging C, Then a best response for Firm 1 is to set price equal to marginal costs, and if Firm 1 is pricing at marginal cost, then conversely a best response for Firm 2 is to price at marginal cost.
如果公司2选择了C,公司1的最佳对策是,定价在边际成本,如果公司1定价在边际成本,同样的,公司2的最佳对策,也是定价在边际成本
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