Page 54 - 2022年11月號
P. 54

ɓο࠽ɷږ

                    ɛ͛ᐼϞა଩߮Ⴢ                       ኷਷ࣛಂdٟึɪᘝဘഹቮɻٙࠬᆓf຅ࣛॢ਷ٙͮ޴
                                               ѐʔࠨdቮəʔΝਖ਼ڗٙɧɷژ܄d˼คණژ܄ٙሞࠑdᇜ
                                               ϓɚɤεຬοٙѐˤ݆߇‘d຅Ъॢ਷୕ɓ˂ɨٙ຾ଫf
                                                   ѐʔࠨਗ਼ѐˤ݆߇‘ٙʫ࢙dʮ̺ί࠯ேەජٙ۬
                                               ژɪdΝࣛᘔሧɷՇරږ˕˕̥ࠅϞɛঐίࣣʕᄣಯ΂Оɓ
                                               οdఱሧሮɷږf
                                                   ̙݊ɛࡁΪމޡᙰѐʔࠨٙᛆැdӚϞɛ౲һਗɓοd
                                               ੽Ϥ˸ܝd˜ɓοɷږ™வࡈϓႧdఱ͜ԸҖ࢙ڢ੬̈Ѝא
                                               ᅂᚤɢଉჃٙ˖௝fʔཀ࿁ҢԸႭdɓοɷږۍϞ̤̮ɓᄴ
                                               ଄່dϾ˲˾ᄆһ৷dɓοᄆ࠽৷༺̬ϵຬf
                                                   ɓɘɞʞϋගdҢࡁʮ̡ၾɓ࢕˰ޢٝΤᅀਠ A ˙Υ

                                               ༟dί̨ᝄБቖՉପۜdШΪމආɹϓ͉዁છί࿁˙˓ɪd
                                               ᅂᚤʮ̡ᐏлޟɽdה˸ᖦߒࣛᕐ˙Νจ̋ɝ࿞༟ૢಛ (Put
                                               option)jୋɓd຅ʮ̡͊༺ᐄ༶ͦᅺiୋɚdΪ̙ᓥப׵ A
                                               ˙ٙБމאʔБމ (because of A’s action or inaction)iୋɧd
               ̨̏ɻ؍ٟ                           ஷٝ೻ҏfν؈ୌΥɪࠑɧࡈࠅ΁d͉ʮ̡ఱঐ࿞༟f
          ᘽɓ΀ PDG Antonio
                                                   ᕐ˙ΥЪಂගd͉ʮ̡͊༺ᐄ༶ͦᅺdԱߒΣ A ˙࿞
                                               ༟dШӚซՑ຅ڋٙڭᚐૢಛɓᓃ͜ஈேӚϞfࡡԸ࿞༟
               ӊɓࡈމɛ͛͂ܳٙЫfࠅၾЫɓৎ  ޶ཀɛ͛ೌᅰࠬ౻ٙᘽɓ΀dፋІ͜˖അၾ೥അᗅ̈ٙːᜳओ˰ᖭdᘠഗ  ɰΪϤdᜫɛ͛̂တა଩߮Ⴢٙᜓఃf  ɛ͛ɨɓӉึܣᅵk  ૢಛٙୋɚࡈࠅ΁j˜Ϊ̙ᓥப׵ A ˙ٙБމאʔБމ™

                                               (because of A’s action or inaction)dϓə۰ߒٙࠠɽ๽ଲdҢ
                                               ˙̀඲ᑘᗇdኬߧʮ̡௘ɝجܛဉಶf
                                                   ԫྼɪdν؈ӚϞவࡈ೥ஊ૴ԑٙૢ˖dΈ˸ʮ̡͊༺
                                               ᐄ༶ͦᅺவɓධdఱʊ࿴ϓ࿞༟ٙࠅ΁dԫઋ޴຅ఊॱf
                                                   ʔཀᕐ˙ҸԣՑ௰ܝdڗ೨ʔν೵೨dʮ̡Ӕ֛ѯɻᓙ
                          ึᎻՑʡჿಿբk
                                               ഡdฦ̰Շɷ̬ϵεຬ̨࿆ഐҼΥߒdఱމəʬࡈߵ˖ఊο
                                               ˜because of A’s action or inaction™dఘ၈ɓࡈߵ˖ఊο˾ᄆ
                                               ̬ϵຬʩd̙ፗ˜ɓοɷږ™l
                                                   வࡈ࿘೨ٙ઺৅ᜫҢଉՍᐝ༆d਷ყ൱׸ჯਹٙਖ਼ุٝ
                          ึ༾Ցʡჿᅵٙɛk            ᗆdৰəႧ˖̮dྼਕ຾᜕ʿجܛ੬ᗆேʔ̙אॹdϾਖ਼࢕
              ˕˕ ձཀ̘ʿ͊Ըٙა଩߮Ⴢ৻؎l
                                               ͊̀ঐୌΥவԬࠅ΁d̥Ϟ̂ྼІʉʑঐၪᚐᛆूf
                                                   ੽ཀ̘Ցତίd˜ਖ਼ุೌᗙd຾᜕ೌᄆ™ٙ༸ଣ੽͊ҷ
                                               ᜊfɓο̬ϵຬʩٙ઺৅dᎇࣛ౤፴Ңj˜̥ɓԫʔवːd
                                               کϞɓԫʔ੻Չଣi̥ɓي͊वจdکϞɓيʔ੻Չהf™

                          Ӛɛٝ༸f
                                               ਷ყ൱׸ჯਹٙਖ਼ุٝᗆdৰəႧ˖̮dྼਕ຾᜕ʿجܛ੬ᗆ
                                               ேʔ̙אॹdϾਖ਼࢕͊̀ঐୌΥவԬࠅ΁d̥Ϟ̂ྼІʉʑঐ
                                               ၪᚐᛆूf



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