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英语翻译Boththesehaveapositiveslopewhenpkl>0andanegativeslopewhenpkl<0.From(2),(3)andourassumptionpkkpll>p2kl,thefirst-orderconditioninkhasasteeperslopethanthatinlinabsoluteterms(Fig.1).Fromtheconcavityo
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英语翻译
Both these have a positive slope when pkl > 0 and a negative slope when pkl < 0.From (2),
(3) and our assumption pkkpll > p2
kl ,the first-order condition in k has a steeper slope than
that in l in absolute terms (Fig.1).From the concavity of the invention probability function
in k (pkk < 0),we have pk > 1/Y in the region to the left of the first-order condition in k and
pk < 1/Y in the region to the right.Similarly,from pll < 0,we have pl > 1/Y in the region
below the first-order condition in l and pl < 1/Y in the region above.The only equilibrium
is at X,the point where the two curves intersect each other.By examining the signs of pk and
pl at points off the equilibrium,we verify that X indeed represents a unique,stable,expected
profit-maximising equilibrium.The superscripted stars denote the joint profit-maximising
case.
Both these have a positive slope when pkl > 0 and a negative slope when pkl < 0.From (2),
(3) and our assumption pkkpll > p2
kl ,the first-order condition in k has a steeper slope than
that in l in absolute terms (Fig.1).From the concavity of the invention probability function
in k (pkk < 0),we have pk > 1/Y in the region to the left of the first-order condition in k and
pk < 1/Y in the region to the right.Similarly,from pll < 0,we have pl > 1/Y in the region
below the first-order condition in l and pl < 1/Y in the region above.The only equilibrium
is at X,the point where the two curves intersect each other.By examining the signs of pk and
pl at points off the equilibrium,we verify that X indeed represents a unique,stable,expected
profit-maximising equilibrium.The superscripted stars denote the joint profit-maximising
case.
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答案和解析
这两个产生积极的斜坡时,pkl “ 0和1负斜率时pkl ” 0 .由( 2 ) ,
( 3 )和我们的假设pkkpll “的P2
吉隆坡,一阶条件的K有坡度较陡
在升的绝对值(图1 ) .从凹发明概率函数
在K (库尔德工人党“ 0 ) ,我们有峰” 1 / Y在该区域左边的一阶条件的K和
峰“ 1 / Y在该地区的权利.同样,从锁相环“ 0 ,我们已经特等” 1 / Y在该地区
下面的一阶条件,在L和PL “ 1 / Y在上述地区.唯一的平衡
是在X ,以至于两条曲线相交对方.通过审查的迹象峰和
特等点了平衡,我们会验证的X确实是一个独特的,稳定,预期
利润最大化的平衡.上标星指联合利润最大化
案例.
( 3 )和我们的假设pkkpll “的P2
吉隆坡,一阶条件的K有坡度较陡
在升的绝对值(图1 ) .从凹发明概率函数
在K (库尔德工人党“ 0 ) ,我们有峰” 1 / Y在该区域左边的一阶条件的K和
峰“ 1 / Y在该地区的权利.同样,从锁相环“ 0 ,我们已经特等” 1 / Y在该地区
下面的一阶条件,在L和PL “ 1 / Y在上述地区.唯一的平衡
是在X ,以至于两条曲线相交对方.通过审查的迹象峰和
特等点了平衡,我们会验证的X确实是一个独特的,稳定,预期
利润最大化的平衡.上标星指联合利润最大化
案例.
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