国家主动参与某项国际制度,将会赢得超过其不参与状态的绝对收益。
When a state chooses to participate in an international institution voluntarily, it will achieve absolute gains which can not be achieved in the situation of non-participation.
As a matter of fact,if things were perfectly efficiently priced, there wouldn't be any opportunity to generate excess returns and if you make active bets--if you make bets against the market -then whether you win or lose has to do with luck.
事实上,如果资产都是有效定价的,那么根本不可能获得任何超额收益,如果你主动一搏,要从市场中获利,那么无论得失都只能靠运气了
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