The last thing you want is to have the other firm undercut you, in an attempt to push prices down.

你最不想看到别的企业,通过降价来打压你

耶鲁公开课 - 博弈论课程节选

so I ended up moving up to Boston working for the world's largest global law firm.

所以我辞去工作又去了波士顿，在一家世界最大的律师事务所工作。

选康内尔大学的理由 - SpeakingMax英语口语达人

I go up to the green line and go across and this tells me the best response for Firm 2.

根据这条绿线的对应法则,就可以对应出公司2的最佳对策

耶鲁公开课 - 博弈论课程节选

Alright, so he has used her body to press back her waters And that's what the ceiling is, the firmament, a firm sheet or structure that's holding back waters.

是的，他就这样用她的身体来遏止她体内的水流,那么，什么是天空呢，天空就是结实的厚板,或者类似的构造，它可以挡水。

耶鲁公开课 - 旧约导论课程节选

the project is related to modeling firm competition and electricity spot markets.

公司间竞争以及电力市场模型项目。

有趣的研究课题 - SpeakingMax英语口语达人

So let's look at the demand for Firm 1, which is going to end up being the quantity that they sell.

公司1产品的需求量,即,它所销售的数量

耶鲁公开课 - 博弈论课程节选

So already, just from Firm 2's production the price has been driven all the way down to costs.

这样公司2的产量会,导致价格下降直到成本价格

耶鲁公开课 - 博弈论课程节选

So I want to figure out the best response of Firm 1 as a function of the price chosen by Firm 2.

我想找出公司1的最佳对策,并用公司2价格的函数表示

耶鲁公开课 - 博弈论课程节选

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

So here is the best response of Firm 1 to each possible choice of Firm 2.

这是公司2每种策略下公司1的最佳对策

耶鲁公开课 - 博弈论课程节选

Both firms have an incentive to undercut the other firm, driving down profits for both.

每个企业都有削弱对手的动机,最后他们的利润都下降了

耶鲁公开课 - 博弈论课程节选

The reason is that the best response for Firm 1, So it turns out it's pretty to check that this is the only Nash Equilibrium in the game.

因为公司1的最佳对策,所以很容易验证,这是此博弈中唯一的纳什均衡

耶鲁公开课 - 博弈论课程节选

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

耶鲁公开课 - 博弈论课程节选

I think most of us don't believe that two firms is enough to make it a perfect competition, that the regulator shouldn't worry about the third firm.

我想大多数人不相信两家公司,就足够产生完全竞争,不相信监控者不必调查第三家公司

耶鲁公开课 - 博弈论课程节选

So what's the profit for Firm 1 going to be?

那么公司1的利润是多少呢

耶鲁公开课 - 博弈论课程节选

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

耶鲁公开课 - 博弈论课程节选