We made a big bet against Internet stocks in 1999 and 2000 that was very profitable for the University.

999年和2000年我们大幅做空互联网股票,为学校赚得了很多利润

耶鲁公开课 - 金融市场课程节选

So they're going to share equally in the profits of this firm, or this joint project, but you're going to supply efforts individually.

总结起来就是两家公司平分利润,但是都要各自为协作项目付出努力

耶鲁公开课 - 博弈论课程节选

And they're higher than perfect competition, which of course, has zero profits in this case.

并且它比完全竞争条件下的利润高,这也是必然的,因为完全竞争下的利润为零

耶鲁公开课 - 博弈论课程节选

Externality When I'm figuring out how much effort to contribute to this firm I don't take into account that other half of profits that goes to you.

外部性,当我计算要为公司付出多少时,我没考虑到利润的一半会归你所有

耶鲁公开课 - 博弈论课程节选