In our model, in equilibrium firm reputation is a dynamic process.

在本文的模型里，在均衡中企业信誉有一个动态演变的过程。

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Suppose Firm 1 is pricing at marginal cost is this a Nash Equilibrium?

假设公司1定价在边际成本,这是纳什均衡吗

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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

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What do I need to do find each firm's Nash Equilibrium?

我们怎样才能找出每家公司的纳什均衡呢

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