Only in frictionless spherical cow in a vacuum territory - that is to say in theory in unachievable ideal conditions. In the real world the market is wildly distorted and people are forced by a variety of external pressures to participate even if they don’t believe they are being offered what they are worth.
Only in frictionless spherical cow in a vacuum territory - that is to say in theory in unachievable ideal conditions. In the real world the market is wildly distorted and people are forced by a variety of external pressures to participate even if they don’t believe they are being offered what they are worth.