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    ICIS
    2001
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    Transaction Costs and Market Efficiency
    15 years 12 days 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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