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Both firms are producing quantities; both firms are trying to maximize profit, and I want to find out the Nash Equilibrium.
两个公司都生产商品,都希望最大化利润,而我也想找出纳什均衡
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The right thing to do individually or collectively is to maximize, act in a way that maximizes the overall level of happiness.
于公于私，最正确的选择都该是,即为全方位地最大化地提升幸福。
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Conversely, if Firm 1 shut down and Firm 2 produced its monopoly quantity that would maximize industry profits.
反之公司1停产而公司2生产垄断产量,这样也能最大化行业利润
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So I've got a function to maximize and a constraint that must be obeyed.
一个需要得到最大值的函数,和一个需要遵守的约束条件。
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Other one says, maximize the time of flight and you point a cannon like this.
另一种是,让飞行时间最长,像这样进行瞄准
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What finance theory is based on-- and much of economics is based on-- the idea that people want to maximize the expected utility of their wealth.
金融学理论建立在,并且很多经济学的都是建立在,人们希望能使自己对,财富的期望效用最大化这一基础上
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Each of these firms is trying to maximize profits, but how about the total profit in the industry?
每一家公司都尽力实现利润最大化,可整个行业总利润是怎样计算的呢
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With a lot of morally intuitive appeal, Bentham's idea is the following, the right thing to do; the just thing to do is to maximize utility.
充满了道德上的直观感染力，其观点如下，正确的选择，公正的选择,就是最大化功利。
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You're Coke, what should you price as if you're trying to maximize your profits?
你是可口可乐,你应该如何定价,如果你想要利润最大化
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And just as last time the firms are going to try and maximize profits.
就像上次一样,公司希望最大化它们的利润
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You're going to assume that firms set prices to maximize profits.
你们将假设公司设定价格以最大化利润
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That's what it means to maximize utility.
这就是所谓功利最大化。
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I want to maximize that function.
我想得到这个函数的最大值。
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The best response is going to maximize these profits.
最佳对策就是最大化利润
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What exactly should we maximize?
我们到底该最大化什么呢？
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For example, if Firm 2 shut down and Firm 1 produced its monopoly profits, that is, a monopoly quantity, that would maximize firm profits.
比如公司2停产而公司1生产垄断产量,垄断产量会使行业利润最大化
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They represent what these people are trying to maximize, what they're to achieve, their goals.
他们代表了人们想要最大化的东西,和想要达成的目标
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So we'll assume that they're trying to maximize their share of the vote.
所以我们假设他们会尽可能地,最大化自己的得票数
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I won't write everything down because it's all written down on the homework assignment which is already on the web, but in fact firms are going to maximize profits, aim to maximize profits, firms are going to have constant marginal costs.
我不全写在这了因为它们都在,网上的家庭作业任务中写了,实际上公司是希望利润最大化,目的是利润最大化,公司有固定的边际成本
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As I solve the maximization problem, how do I maximize my payoff given that other people are choosing S-i?
解最大化问题时,如果其他人选了S-i,我如何最大化自己的收益呢
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We're going to differentiate with respect to q1, the thing we're trying--our control variable, the thing we're trying to maximize the thing with respect to and set it equal to 0.
对q1求导,q1是控制变量,也就是我们想要求出的最大值,令它等于0
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Find the best response function by differentiating this and maximizing the function for every q2, so we could just... Good, so what we're going to do is, all right good, we're going to... We're trying to maximize.
求导得出q2取最大值的情况下,参与人1最佳对策是q2的一个函数,说得很好,接下来,我们要求出最大值
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