If one firm cut its prices, destroying the unspoken deal to carve up the market, it would succeed only in starting a price war.

即使一家投资银行通过降价来掠夺市场，打破了之前默认的协议，那么它也只可能在随之引发的价格战中获胜。

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So Firm 2--if Firm 2 produces all the way up to here then any product produced by Firm 1 is going to push prices even lower.

如果公司2的产量一直增加到这里,那么公司1的每一件产品必须降价出售

耶鲁公开课 - 博弈论课程节选

When combined with record numbers of refinancings to take advantage of these low rates, house prices might firm up sooner than most think.

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Massive institutional interest has helped firm up prices, but may also be dangerously pushing some markets too high too fast.

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If inflation and interest rates start to rise, the volatility of bond prices will go up and the firm will start dialing back its fixed-income exposure.

FORBES: Magazine Article