Using a dynamic game model of incomplete information, this paper discusses the relations among financial crisis, regulators soft budget constraints and bankers moral hazard.

本文利用不完全信息动态博弈模型，探讨了金融危机、监管者的软预算约束与银行道德风险之间的关系。

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Project works on many levels and relations: solid versus soft, resistant versus ephemeral, cold versus warm, monumental versus intimate.

项目工程在许多层面和关系：固体与柔软，耐与短暂的，冷与暖，纪念与贴心。

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The soft decoration and the modern age lives at spatial the relations, are also arrange art and live at the space design the relations.

软装饰与现代家居空间的关系，也是陈设艺术和家居空间设计的关系。

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But at the same time she emphasises the importance of restocking America's soft power and repairing its relations with the rest of the world.

ECONOMIST: The candidates: Hillary Clinton

So Turkish strength, in terms of hard power, of soft power, in terms of economic relations, is an asset for any American administration.

BBC: Which direction for Turkey now?