Firms in perfect competition are price takers: they don't particularly have to worry about the actions of their competitors.
这些企业是价格接受者,他们不必担心,他们的竞争对手的策略
So I moved around at a couple of law firms. I started at a law firm in the South.
所以我跑了一些律师事务所。我开始在一家南方的律师事务所做事。
Now, in practice, this is not the only problem facing two firms who are trying to produce the monopoly output.
实际上 这并非两个想维持垄断产量的,企业需要面对的唯一问题
The only numbers that appear for the trailing ten years are numbers that are associated with firms that are still in business.
那些用于分析过去10年市场的数字,只能来自于目前仍在营业的公司
I'm excited to be working at a firm next year, I have had a little bit of experience already in law firms.
明年我就要到事务所工作了,我为此非常兴奋,我已经有一些在事务所的工作经验了。
Suppose they have a written contract, or even an unwritten contract, what enforces the contract for colluding firms or crooks in jail?
假如他们签了一份书面协议,或干脆口头的,他们怎么强制履行呢
Each of these firms is trying to maximize profits, but how about the total profit in the industry?
每一家公司都尽力实现利润最大化,可整个行业总利润是怎样计算的呢
Price competition two firms competing with one another in prices can have a Prisoners' Dilemma aspect about it.
价格竞争,两家互相打价格战的企业,可能会陷入囚徒困境
In practice, when firms try and have these agreements, which are not contracts, to try and produce joint monopoly output, what else goes wrong?
现实中,公司想要达成这样的协议,而非合同,想要维持垄断产量,还会遇到什么问题呢
These firms're making all the profits, what do you thinks going to happen in this industry?
两家公司都有利可图,那这个行业接下来会发生什么
In the second case, if both firms undercut each other, you end up with low prices, that's actually good for consumers but bad for firms.
在第二个案例中,如果两家企业互相削弱,最终会压低价格,这对消费者有利,但对企业不利
We would like a model in which firms set prices because for the most part we think firms do set prices not quantities: Not always but for the most part.
我们想要的是一个由公司设定价格的模型,因为在大多数情况下,我们认为公司是设定价格而不是产量,虽然不总是如此,但大多数情况是这样
Now, this is what you're going to do in the homework assignment, but I'm just going to make the argument that you could also imagine firms sitting somewhere between 0 and 1.
这是你们需要在家庭作业上完成的内容,值得一提的是,你们也可以想象公司在0和1间任何地方
What about firms who are competing in prices?
企业打价格战是不是
You saw firms working in perfect competition.
比如说自由竞争企业
So the players in this game are two firms and the strategies in this game for the firms and this is going to turn out to be important the strategies are the quantities that they produce of an identical product.
这个博弈的参与人是两家公司,他们的可选策略如下,以后你会知道这是多么重要,策略是,某种同质商品的产量
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