So in this case, my expected payoff is a ? of 1 plus a ? of 4, for a total of again 2.5.
在这种情况下,我预期收益是?乘1加?乘4,总和还是2.5
but I'm expected to speak in Chinese for, like, ten minutes on Wednesday for my midterm, so.
但我们周三期中考试的内容却要求我们连续讲十分钟的汉语。
So what's my expected payoff from choosing Up where I believe the other person's going to choose Left and Right, equally likely? It's what?
那么在我对手选择左或右,可能性相同的情况下,我的预期收益会是什么样的呢
2% You could say, I think my portfolio has an expected return of 12%-- that would be better than if it had an expected return of 10%.
如果一个投资组合的预期收益率有-,那就比一个只有10%的投资组合要好。
Let's start by plotting my expected payoff from choosing the strategy Up.
我先把选上的预期收益,标注出来
What I suggest we do is we do what we did last time and we start to draw a picture to figure out what my expected payoff is, depending on what I believe the goalie is going to do.
我建议用上次的方法,作图来表示在我对门将的策略,存在某种信念下,我的预期收益
They might say my sample period was off, ... but that's what the theory-- ... using my data for the sample period that I computed-- the expected returns and co-variances says one should do.
他们可能说我的采样周期是有问题的,不过我的结果都是靠理论-,我采用自己收集的数据计算出-,预期收益和协方差可以用来指导我们的投资行为。
On the vertical axis I'll put two vertical axes in, just for the sake of things on the vertical axis I'll put my expected payoffs.
坐标系的纵轴,由于种种原因,我花了两个纵轴,纵轴表示我的预期收益
So very similar idea, but the only thing is, I'm slightly abusing notation here by saying that my payoff depends on my strategy and a belief, but what I really mean is my expected payoff.
这和以前的概念差不多,唯一的不同,就是我这里稍微用了一些数学符号,来表述策略带来的收益与所持信念有关,这里的收益指的是预期收益
It maximizes my expected payoff.
它最大化了我的预期收益
I don't find that my analysis is profound in the final answer, I just took some estimates using my data and, again, we could-- if someone wanted to argue with us they could argue with my estimates of the expected returns of the standard deviations and the covariances, but not with this theory.
我在计算过程中并没有做太深入的分析,我只是用我的数据做了一下大概的估计,我再说一次,我们可以-,如果有人想就这个问题与我们争辩,他们可以争论我对期望收益的估计,或是争论标准差和协方差的估计值,但并不会针对理论本身。
What about my expected payoff from choosing Middle against , so in this case where I think it's equally likely that my opponents going to choose Left or Right?
那我在情况下,选中的预期收益是什么呢,在此情况下我依然认为,对手选左选右的可能性相同
And here's my green line representing my expected payoff as the shooter, from shooting to the right, as a function of the probability that the goalie dives to the right.
这条绿线表示作为一个罚球球员,我从右路射门的收益,是门将扑向右路概率的一个函数
How about my expected payoff from choosing Down versus ?
那在情况下我选下的预期收益呢
So what we're going to look at is the expected payoff of Up versus, let me call it a : a being equally likely that my opponent chooses Left and Right.
所以接下来我们看看在我认为对手,选择左右的可能性相同下的预期收益,我们把它称为
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