They tweaked the credit-scoring software of a microfinance firm so that only a random subset of people with marginal credit histories were accepted as clients.
他们对一家小额贷款公司的信用评分软件进行了调整,只有那些只有少量信贷历史的人可以作为贷款对象。
In order to sell an additional unit of output the firm must lower the price of all units sold (not just the marginal one).
为了多销售一单位产品,企业必须将所有出售产品的价格降低,而不仅仅是最后一单位产品。
It's commonly viewed as the only equilibrium outcome that each firm earns zero profit in the homogeneous product Bertrand game with constant marginal cost.
在不变边际成本的同质产品伯川德价格博弈中,通常认为唯一均衡结果是各个企业获得零利润的纯战略纳什均衡。
Suppose Firm 1 is pricing at marginal cost and Firm 2 is pricing at something higher, a little bit higher.
假设公司1定价在边际成本,公司2定价稍微高点,高一点点
Firm 1 is pricing at marginal cost, the best response if the other guy is pricing at marginal cost is to price at marginal cost or above.
公司1定价在边际成本,针对对手定价在边际成本的最佳对策,是定价高于或等于边际成本
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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