"If we look at per-capita health expenditure, in the low income countries, it is $22 per capita,"

VOA: standard.2009.05.21

So there's a panic in the market for securitized mortgages - and the price is often very low or if it's they're very hard to market and hard to sell.

所以，在市场上,证券化按揭贷款引起了恐慌,并且价格通常很低或者说如果它,他们很那出售而且对市场不利。

耶鲁公开课 - 金融市场课程节选

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

耶鲁公开课 - 博弈论课程节选

That's not a way that we really think about it, but I do believe that the risk level of the University's portfolio is really quite low in statistical terms -much lower than the risk level that you'd have if you had a traditional portfolio dominated by marketable securities.

这一般不是我们考虑的关键,但我相信,耶鲁投资组合的风险水平,在统计数字上是非常低的,远远低于,持有一个传统的可交易证券主导的,投资组合的beta系数

耶鲁公开课 - 金融市场课程节选

Well it's going to 1 -P1 if they're the low price firm.

如果公司1的价格较低,它是1-P1

耶鲁公开课 - 博弈论课程节选