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We show that the discount factor at which the threat fails to work scales with the number of ISPs(Internet Service Providers) N ,as (N-1) /N and converges to unity as N gets large.
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scales with the number

means

depends on the number

In this case, the dependency/function is of the form N/N-1

but for the rest I don't have any idea.

You should provide better context. Also, this is a very specialized paper. You should know good enough English to read papers at this level, unfortunately.

BTW, this is the paper:

http://comm.csl.uiuc.edu/~srikant/Papers/pricing_srinivas.pdf
Thank u very much. Your document which u gave me, I have already had this. Actually I chose this one for my thesis. There are some context in this one, I can not understand even though I have looked up in my English English dictionaries. I hope u can help me out sometimes.
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"Converges to unity" means "approaches a value of 1".
Thanks for helping me. Last moment I was not sure about my guess. Now I am sure here it is.
What is "low discount factor" mean in this context: The natural outcome of the low discount factr scenario is that prices fall to the bare minimum and all profits to zero, the equivalent of a price war.
According to the meaning of "low season" which is the period in the year when the fewest number of people visit a place & when the prices are at their lowest level. So I guess the meaning of "low discount factor" is the prices are at their lowest discount. Isn't it?

BTW, What is the meaning of the folowing sentence: They would be content to peer with each other & split the customer revenues amongst themselves.
I have looked up my E E dictionaries, and I have found the meaning of some words
content to do sth : willing to do sth
peer: to look closely and carefully at sth, especially when u can't see it clearly.
revenue:the money that a govenment receives from taxes or the money an organization receives from its business (SYN of receipt)
But I couldn't get the meaning of "content to peer".
Could anyone help me out?
Thanks in advance.
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Hi,

What is "low discount factor" mean in this context: The natural outcome of the low discount factr scenario is that prices fall to the bare minimum and all profits to zero, the equivalent of a price war.
According to the meaning of "low season" which is the period in the year when the fewest number of people visit a place & when the prices are at their lowest level. So I guess the meaning of "low discount factor" is the prices are at their lowest discount. Isn't it?


'A discount factor' sounds like the percentage by which you'd discount prices, eg 5%. The writer says 'the low discount factor scenario' which suggests that it has been defined somewhere earlier in the discussion. So, look back through the text.


BTW, What is the meaning of the folowing sentence: They would be content to peer with each other & split the customer revenues amongst themselves.
I have looked up my E E dictionaries, and I have found the meaning of some words
content to do sth : willing to do sth
peer: to look closely and carefully at sth, especially when u can't see it clearly.
revenue:the money that a govenment receives from taxes or the money an organization receives from its business (SYN of receipt)
But I couldn't get the meaning of "content to peer".

As a noun,'my peer' means 'my equal'. My guess is that the writer is using 'peer' as a kind of verb in this sense, roughly meaning that 'they' would be content (ie happy)to 'treat each other as equals'. In my opinion, people who write about economics often like to create their own kind of jargon.Emotion: smile

Best wishes, Clive
Thank u very much, teacher Clive. You help me a lot to understand the meaning of English words. I am not an English Native Speaker so if they often write their own kinda jargon, I find it is tough for me to get exactly the meaning of the whole sentence. I am really appreciated that. Have a nice day, teacher.
CliveAs a noun, 'my peer' means 'my equal'. My guess is that the writer is using 'peer' as a kind of verb in this sense, roughly meaning that 'they' would be content (ie happy)to 'treat each other as equals'.
See also http://en.wikipedia.org/wiki/Peering :)
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