For the `perfect information and rational actors` part, it is addressed by many. Just one example from the author of this article: http://fee.org/freeman/do-fre

For the `perfect information and rational actors` part, it is addressed by many. Just one example from the author of this article: http://fee.org/freeman/do-free-markets-require-rational-actors/ http://fee.org/freeman/do-free-markets-require-rational-acto...