1 U1 Text B句子英译中 Text B Case Studies 1. ( Para.3, L1-3) As the man in our story suggests, people typically know their own preferences better than others do, so we might expect everyone to prefer cash to in-kind transfers. 2. (Para. 3, L3-4) If your employer substituted merchandise, for your paycheck, you would likely object to the means of payment. 3. (Para.4, L1-2) One interpretation of gift giving is that it reflects asymmetric information and signaling. 4. (Para.5, L1-2) The signaling theory of gift giving is consistent with another observation: People care most about the custom when the strength of affection is most in question. 5.(Para. 5, L4-6) The parents’ love is less likely to be in doubt, so the recipient probably won’t interpret the cash gift as a signal of lack of affection. 6. (Para. 6, L1-2) The most important and controversial antitrust case in recent years has been the U.S. government’s suit against the Microsoft Corporation, filed in 1998. 7. ( Para.6, L7-8): At stake was the future of one of the world’s most valuable companies (Microsoft) in one of the economy’s fastest growing industries (computer software). 8.(Para. 7, L1-2) A central issue in the Microsoft case involved tying — in particular, whether Microsoft should be allowed to integrate its Internet browser into its Windows operating system. 9. (Para. 7, L5-7) Allowing Microsoft to incorporate such products into its operating system, the government argued, would deter other software companies such as Netscape from entering the market and offering new products. 10. (Para.8, L4-5:) Over time, Microsoft has added many features to Windows that were previously stand-alone products. 11. (Para. 9, L1-4) Noting that more than 80% of new personal computers use a Microsoft operating system, the government argued that the company had substantial monopoly power, which it was trying to expand. 2 微博找到人文经济学会,第一个视频Is price gouging a good thing,观看视频,在下面递交语音作业,谈谈你对price gouging的看法,2分钟左右。