what Player 2 could get in the second round,

就是参与人2在第二轮能得到的数额
so gives Player 2 $δ and keeps $[1 - δ] for herself.

所以是给参与人2δ美元而自己得到1- δ美元
Everyone understand the picture?

每个人都看懂图了吗
So this picture is just corresponding to this table.

所以该图就是博弈矩阵的对应
The thing people tend to get confused about here, I think,

我觉得大家会觉得困惑的是
is they get confused between current dollars and discounted dollars,

当下的货币和折损的货币
so we're going to do all the analysis here

所以我们接下来分析一下
in terms of the first period dollars,

第一阶段的货币
dollars tomorrow are going to be worth δ.

明天的美金的价值是δ
There's a hand up, can I get a shouting out? - Yeah?

这里有人举手能大声说吗
Yes, sorry.

可以
So this is the outcome if it was a one stage game

如果是单期的博弈那么这就是结果