The problem is that while the principle of risk-sharing is very simple and obvious the practice requires technology.

问题在于,尽管风险分摊原则,听起来浅显易懂,但是实践仍然需要技术支持。

耶鲁公开课 - 金融市场课程节选

Well, they would probably agree that we'd do some risk-sharing, right?

也许会达成共识,我们来分摊风险，对吧？

耶鲁公开课 - 金融市场课程节选

There's also a problem with risk-sharing at that level.

还有另一个风险分摊程度的问题。

耶鲁公开课 - 金融市场课程节选

The best you can do sharing among yourselves is sharing your own risk, the risk of your own community; but your own community goes up and down and you're not sharing widely enough.

你们所能做的仅仅是在成员之间,分摊自己的风险，即你们这个小团体的风险;,但由于共有背景下的正相关性,你们的风险无法摊薄。

耶鲁公开课 - 金融市场课程节选

The problem is that if you want to do risk-sharing, you're not, ideally, sharing with someone who's just like you living in Israel, working in a certain agricultural industry-- because there are lots of risks that you've already shared.

如果你真的想要达到风险分摊的效果，理论上说，就不应该只和与你的同伴,比如同住在以色列，一样从事农业的人来分摊-,因为你们承担的许多风险是正相关的。

耶鲁公开课 - 金融市场课程节选