But, because of the logic of risk management we have to make a deal with them; so, it becomes more formal and impersonal.

但是，基于风险管理的逻辑,我们必须和他们达成协议;,使分摊正规化而不受主观情绪的影响。

耶鲁公开课 - 金融市场课程节选

It's also about bank regulation, such as the Basel Accord, Basel I and Basel II.

还会讲到银行监管,比如巴塞尔协议和新巴塞尔协议

耶鲁公开课 - 金融市场课程节选

What about you with your roommates?

那你和你室友是不是可以签协议

耶鲁公开课 - 博弈论课程节选

Yeah, so maybe even among your roommates, maybe you don't need a contract because you can manage to achieve the same ends, by the fact that you're going to be interacting with the same person, over and over again during your time at Yale.

没错,就算你和室友没有书面协议,你们一样能达到预期的目的,因为在耶鲁大学上学期间,你们总要碰面

耶鲁公开课 - 博弈论课程节选

Well, one thing that goes wrong is that suppose Coke and Pepsi were able to either to write a contract or whatever to sustain joint monopoly output at this high price, this price which is actually producing positive profits in the industry it is going to turn out, therefore the price is going to be above costs.

我来说吧,问题出在这里了,假设可口可乐和百事达成了协议,不管签的是协议还是合同,只要能通过协约维持垄断产出,通过制定高价来达到正的利润就行,这样价格是高于成本的

耶鲁公开课 - 博弈论课程节选