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    ICIS
    2001
    92views Information Technology» more  ICIS 2001»
    Transaction Costs and Market Efficiency
    14 years 11 months ago
    Transaction Costs and Market Efficiency
    Download  opim.wharton.upenn.edu
    Previous research suggests that a decline in transactions costs leads to improved economic efficiency. In this paper,weshowthatsuchadeclinewillintroduceincreasinglyuninformedconsu...
    Bin Gu, Lorin M. Hitt
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