Ahh, I had forgotten that “not stolen” shareholders can also take actions that make their desired outcome more likely. If you erroneously assume that only someone’s desire to steal the rack—and not their desire to defend the rack from theft—can be affected by the market, then of course you’ll find that the market asymmetrically incentivizes only rack-stealing behavior. Thanks for setting me straight on that!
Ahh, I had forgotten that “not stolen” shareholders can also take actions that make their desired outcome more likely. If you erroneously assume that only someone’s desire to steal the rack—and not their desire to defend the rack from theft—can be affected by the market, then of course you’ll find that the market asymmetrically incentivizes only rack-stealing behavior. Thanks for setting me straight on that!