So Firm 1 would be producing half its monopoly quantity and Firm 2 would be producing half its monopoly quantity.

即公司1生产垄断产量一半的商品,公司2也生产垄断产量一半的商品

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So Patrick, our manager of Pepsi believes that Coca-Cola is going to produce this quantity and he's agreed to produce this quantity.

百事的经理帕特里克认为可口可乐,会按照协议产量来生产,他也会这么做

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Conversely, if Firm 1 shut down and Firm 2 produced its monopoly quantity that would maximize industry profits.

反之公司1停产而公司2生产垄断产量,这样也能最大化行业利润

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But you could also just split the monopoly quantity, for example, half half at this point here.

但也可以把垄断产量分开呀,比如一家生产一半

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For example, if Firm 2 shut down and Firm 1 produced its monopoly profits, that is, a monopoly quantity, that would maximize firm profits.

比如公司2停产而公司1生产垄断产量,垄断产量会使行业利润最大化

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If they're not at the competitive output they could undercut price and take the entire market.

如果他们不按照完全竞争产量生产,就可以通过降低价格来抢占市场

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So I should cheat and pick the quantity on my best response line that's much farther out so I'll produce more than my quantity.

我会违约选择我最佳对策的产量,我会生产出远远多于协约量的产品来

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So they are the quantities they produce, each of them produces, of an identical product.

也就是说每家公司的商品产量,因为他们生产的是同质的商品

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This is Patrick's best response to the other guy producing the monopoly quantity.

他表示帕特里克在面对其他人,按照垄断产量生产时的最佳对策

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I'm sorry, half the monopoly quantity and that would produce this much each.

我说错了,是垄断产量的一半,这样双方都按照这样的协议生产

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All right, so Patrick when he's in the when he's playing the manager of Pepsi he's going to produce more of this undrinkable liquid and produce this quantity here.

好的,帕特里克是,百事可乐公司的经理,他会生产更多这种难喝的饮料,产量是这么多

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They're two water companies, so they're Poland Spring and Coca-Cola I guess these days, sign this agreement saying that each one's going to produce half monopoly quantity and what's going to go wrong with that agreement?

有两家瓶装水公司,比如说波兰泉和可口可乐,他们签署了协议规定,每家都只生产垄断产量的一半,这个协议有什么问题吗

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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 if the firms wanted to make more money, the only thing they could do is they could sign an agreement saying, why don't each of us produce not our Cournot quantity, but produce half monopoly profits.

所以如果你们想多赚钱,唯一能做的就是签协议,我们不要按古诺产量生产了,各自生产垄断利润的一半多好呢

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So basically the idea is that the more these firms produce, so the more the total quantity produced q1 + q2, the lower is the price in the marketplace for this product.

核心思想就是两家企业生产得越多,即产量,q1 + q2,越大,该产品的市场价格就越低

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