On the other hand, Shiller believes that more information regarding the asset market is crucial for its efficiency. Additionally, he alluded to John Maynard Keynes's explanation of stock markets to point out the irrationality of people while making decisions.
Conversely, Shiller emphasizes the importance of additional information regarding the asset market in order to ensure its efficiency. He also alluded to John Maynard Keynes's theory on stock markets to highlight the irrational behavior of individuals when making investment choices.