So, investors will have a tendency to try to hide -or people who sell investments will try to channel the good investments to their friends and dump the bad stuff on other people.

所以,投资者倾向于掩盖,或者说是投资产品的销售者会试图,把好的投资产品卖给自己的朋友,而把那些差的留给外人

耶鲁公开课 - 金融市场课程节选

So leaving aside the specific example of beer, you think about some product that has some dimension on which it varies, and we can use this model to see how competition is going to work in that market.

把啤酒的例子放在一边,你们自己想一些在某种程度上,有所不同的产品,我们使用这个模型来研究,这个市场的竞争是怎样的

耶鲁公开课 - 博弈论课程节选

Good, so Steven, anticipating that Patrick is going to think that steven's a sucker but Patrick's going to cheat on him and produce too much, Steven's going to produce a best response to that and he's going to produce this quantity here.

很好,史蒂文预料到到帕特里克认为,自己是个傻瓜然后帕特里克会违约增产,那么史蒂文的最佳对策就是,生产这么数量的产品

耶鲁公开课 - 博弈论课程节选