So one case to think about is what if the other firm, you're Coke, what if Pepsi is pricing below cost?

一种情况是如果另一家公司,假如说你是可口可乐,如果百事可乐定价低于成本怎么办

耶鲁公开课 - 博弈论课程节选

For example, maybe you are a partner at your firm and you're working with an associate on a project.

例如，你是公司的合伙人，你和一位同事正在共同跟进一个项目。

Would you 课堂 - SpeakingMax英语口语达人

You're going to work out what firm's demands are going to look like for each possible price they could set.

你们要解出,公司针对每一个其可能设定的价格,它的需求是什么

耶鲁公开课 - 博弈论课程节选

not necessarily a firm opinion, but something that you're mulling over in your mind.

不一定要时一个确切的想法，而是在你脑中不停考虑的一些事。

I think 课堂 - SpeakingMax英语口语达人

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

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So that could be a firm, it could be a law firm, for example, and they're going to share equally in the profits .

比如说可能是个律师事务所,这两家公司平分利润

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Each of these firms, we know the fact that they're playing best response, is maximizing their profits taking as giving what the other firm is doing.

每家公司都会采取最佳策略,来根据对手的行为达到最大化利润

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So now we have everything we want to analyze this firm and to analyze how things are going to work, either when you're working on your homework assignments or in the law partnership.

现在我们已经获得了所有分析此公司,还有分析这个案例原理所需的信息了,不管你们是一起合作写作业,还是开律师事务所

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You're going to know what firm's costs are.

你们知道公司的成本

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So they're going to P1, will the price of Firm 1, and P2 will be the price of Firm 2.

所以P1代表,公司1的价格,而P2代表公司2的价格

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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

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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

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