Bentham tells us happiness, or more precisely, utility maximizing utility as a principle not only for individuals but also for communities and for legislators.
边沁说,应最大化幸福,或更精确来说,最大化功利,功利最大化原则,不只针对个人,也适用于共同体及立法者。
Each of these firms, we know the fact that they're playing best response, is maximizing their profits taking as giving what the other firm is doing.
每家公司都会采取最佳策略,来根据对手的行为达到最大化利润
Here's how he arrived at the principle of maximizing utility.
在此基础上他提出了功利最大化的原则。
It is not a regime like ours devoted to maximizing individual liberties, but it is one that puts the education of its citizens, the education of its members, as its highest duty.
那不像我们的政体,只专注于极大化个人自由,而是一个,将公民教育,邦内成员教育,视为最高责任的理想国。
Of course, we will also be talking about behavioral finance in this course and we'll, at times, be saying that the utility function concept isn't always right-- the idea that people are actually maximizing expected utility might not be entirely accurate.
当然 我们还会,在这门课上讨论行为金融学,并且,我们会间或,讨论到效用函数不总是正确的,人们希望最大化期望效用的观点,也许并不是完全准确的
How best to take account? By maximizing.
最好怎样考虑呢,通过最大化。
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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