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efficiency that illustrates why the market's good.
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But if they made a mistake once it stands to reason they could
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make a mistake another time.
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So there's something special even about this example.
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When we put in financial variables I'm going to argue you
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shouldn't expect to get the optimal outcome all the time,
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but that'll be next class.
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Yes?
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Student: Beyond like arithmetic use is there any
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reason you would choose to assume P_Y or
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P_X is 1 or it's arbitrary?
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Prof: No.