Equilibrium market prices and quantities depend on the number of market participants.

市场均衡价格和数量取决于市场参与者的数量。

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From the conclusion, the classical theory under equilibrium states is included by this model, and the state of non-equilibrium market is can be described as well.

模型的结论除了涵盖市场均衡下的传统理论之外，还可以描述市场非均衡状态。

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The Fourth Part is an attempt to develop the model. In this part I inspect the complete competition equilibrium market, and compare the model with the Neoclassic Growth Model.

第四章是对模型进行拓展的一个尝试，考察了完全竞争均衡市场中的情形，并且比较了与新古典增长模型的异同。

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So what we want to do is we want to figure out what the Nash Equilibrium looks like in this market.

我们想要做的是,找出这个市场的纳什均衡是什么

耶鲁公开课 - 博弈论课程节选

In fact, the outcome here, this equilibrium here is for all intents and purposes, the same equilibrium we would have had had there been thousands of firms in the market And had this been a perfectly competitive market.

实际上,这个结果,这个均衡适用于所有的目的和意图,我们将得到同样的均衡,即使市场上有数千的公司,即使这是个完全竞争市场

耶鲁公开课 - 博弈论课程节选

The irrational rules governing the process prevent it from producing the market equilibrium price.

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Unfortunately, the Obama Adminstration is gravitating towards more cronyism in higher education, driving us further from market equilibrium.

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If we abolish tenure, the new market equilibrium would result in higher average salaries, thus further increasing the cost of education.

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