So the issue is going to be which firm does each consumer go and buy their product from.
所以问题变成了每个消费者,去哪家公司买东西
And your revenues have been increasing quarter for quarter for the last three years.
在过去三年,公司营利每个季度都在不断增长。
There may not be an exception, but essentially every country has a corporate profits tax and then we also have a personal income tax.
应该没有特例,每个国家都规定公司都要上缴所得税,还有个人所得税
Each agent is going to choose her effort level to put into this firm.
每个股东都要选择为公司投入多少精力
At least if we look at the statistics, just about every single one of you, after you leave Harvard,will join an organization, an organization that is a social enterprise, not for profit,something to better the world.
看一下统计数据,你们每个人,离开哈佛后,都将加入公司,这个组织是个社会企业,非盈利机构,只为贡献社会而存在的。
I mean, every big company pretty much has a presence here.
每个大公司差不多都在这里。
When you pay out stock dividends you would think that now there are more shares, everyone divides by the larger number of shares, and the value of the company goes down; it's not going to work to pay a stock dividend.
当你发放股票股利时,就会意识到,股票总数增加了,每个人的股数除以增加后的总股数,每人拥有的公司价值减少,发行股票股利无法达成目的
Which firm does each consumer choose?
每个消费者选择哪家公司呢
Each consumer is going to buy one product, either from Firm 1 or from Firm 2.
每个消费者会买一个产品,从公司1买或者从公司2买
This strategy set--formally, Let's just simplify it here-- let's assume that for each Firm i they can set their price anything bigger than 0 and anything less than 1, just to keep life simple.
至于策略集合,我们把它简化成,假设每个公司i能,将它们的价格设定为,大于0并且小于1,仅仅为了简化处理
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