If they bail out banks that have mispriced risk, the mispricing will continue.
如果决策者不让风险估价失误的银行破产，这个问题就会继续存在。
2
Its business was selling insurance and, when it saw a seriously mispriced risk, it went to town insuring it, in the belief that diversifying risk reduces it.
它的业务是出售保险，在发现定价严重错误的风险时积极承保，相信将风险多样化可以减低风险。
3
But now that the financial crisis has discredited the efficient market hypothesis-clearly houses and mortgage bonds were mispriced-alternative theories are making a comeback.