The consulting firm took them seriously when he and Gluckstern showed how much they knew about their market.
VOA: standard.2010.01.31
He created just about the biggest private equity firm from scratch in 1985 and I guess they just went public and they have a huge market cap.
他于1985年白手起家,创建了最大的私募股权公司,后来公司上市,市值相当可观
The point is that in this game in which firms competed in prices, even though there were only two firms in the market, only one firm more than monopoly, we get a dramatically different result than we had last time.
重点是这个公司进行价格竞争的博弈,尽管博弈中只有两家公司,仅仅比垄断情况下多了一家,我们得到了与上次完全不同的结果
So if P1 is less than P2--so if they're the low price firm-- if Coke is the low price firm, only Coke sells in the market.
如果P1小于P2,公司1的价格较低,如果可口可乐的价格较低,市场上将只销售可口可乐
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