—“Distortion” as the actual information content”— isnt that just restating that markets drive to disequilibrium? And that distortions can be used to construct incentives?
Source date (UTC): 2019-05-05 20:07:39 UTC
Original post: https://twitter.com/i/web/status/1125129955187277825
Reply addressees: @vgr
Replying to: https://twitter.com/i/web/status/1125109353340555264
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Original post: https://twitter.com/i/web/status/1125109353340555264
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