Now when the same problems cause a second leak we can 100% confirm those problems are the cause!
How else will we address the third leak?
Whether people think they're rational doesn't make their acts rational. Professors Daniel Kahneman and Vernon Smith challenged the old Libertarian thought that people act in their own self-interest. "human decisions, rather than being based on a full analysis of the situation, often rely on shortcuts or rules of thumb. The studies developed the idea of representativeness, in which people are too quick to see patterns in data that are actually random."
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They won a Nobel prize in economics for this.
If someone believes that it is in their best interests to sell their stock it would be irrational of them to just sit there and watch their wealth erode away... but it would also mean that if they did sell their stock under incomplete information conditions the entire system becomes comparatively irrational... Again, no. Your premise is wrong that they are acting in their own self-interest, your premise is also wrong that they are acting rationally, and your presumption that the entire system becomes irrational because people act on incomplete information is... well, incomplete. This is behavioral finance.
This restaurant was advertising breakfast any time. So I ordered french toast in the renaissance. - Steven Wright, comedian