当收购活动量水平较高时，唯一的均衡形式是操纵者没有利润，若允许收购者放弃报价则增加了社会盈余。
The conclusion is that the unique equilibrium leads to a non profitable manipulation, and social surplus is increased by the possibility of dropping bids, if the level of takeover activity is high;
他想，为什么不试试看哪种拍卖形式能最快地让交易员趋于一个均衡价格呢？
Why not, he thought, try and see what types of auction would let traders converge most quickly towards an equilibrium price?
结果表明，通过系统动力学模拟可将微分博弈转化为博弈的矩阵形式，进而方便地求出局中人均衡策略。
The results show that differential game can be transferred to the matrix form of the game, and players' equilibrium strategies can be solved simply through system dynamics simulation.
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