• 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

    耶鲁公开课 - 博弈论课程节选

  • When you create a corporation, you write up a contract, which specifies the rules of the corporation; it's like a constitution for the corporation.

    创建公司时,你会起草一份协议,其中规定了公司的条款,就像公司的宪法一样

    耶鲁公开课 - 金融市场课程节选

  • We know the early example in sort of Golden Age America, but where else did we see a competitive fringe enter when there was a collusive agreement to keep quantities down?

    我们知道美国全盛时期有这样的先例,还有什么行业原来也有产量协议,但新公司进入后却导致协议瓦解呢

    耶鲁公开课 - 博弈论课程节选

  • I did consider this sort of noble work because I think companies should honor their agreements.

    我的确认为这算是一种高尚的工作,因为我认为公司应该履行它们的协议

    耶鲁公开课 - 金融市场课程节选

  • Companies did produce agreements to restrict, for example, the production of paper and the production of rubber, and the production of steel, and the production of iron, and the production of railway lines, actually, even quite complicated things.

    公司之间的签署了限制产量的协议,比如说有造纸业,橡胶制造业,炼钢业,冶铁业,铁路运输行业,当然还有更复杂的行业

    耶鲁公开课 - 博弈论课程节选

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