Moreover, we have regulators who have to regulate insurance companies and make sure that they have adequate capital.

此外监管机构,会规范保险公司的行为,并且确保其拥有充足的资金。

耶鲁公开课 - 金融市场课程节选

they can be found to have breached their fiduciary duty, I'm on the hedge fund side and against the sort of company management side.

他们可以被发现存在渎职行为，我站在对冲基金的阵营上并且反对,公司管理的主张。

耶鲁公开课 - 金融市场课程节选

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

耶鲁公开课 - 博弈论课程节选

Lintner showed that this simple model--the Lintner Model-- explains the behavior of companies pretty well Next session is Friday with Stephen Schwarzman and I'll see you then.

林特纳证明了这个简单的模型,林特纳模型,很好的解释了公司的行为,下节课是周五,由史蒂芬·施瓦茨曼讲授,下次再见

耶鲁公开课 - 金融市场课程节选

It becomes an arm-twisting thing -because of this risk of moral hazard, the bank has a threat to take the money back and they are going to find out quickly if you, as a company, are behaving wrong.

这衍变成一种施压行为...,由于道德风险的存在,银行恐怕收不回欠款,因此,在你的公司行为不良时,他们便会迅速发现此事

耶鲁公开课 - 金融市场课程节选