The optimality of a competitive stock market

Author(s)
Merton, Robert C.; Subrahmanyam, Marti G.
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Date issued
1973
URI
http://hdl.handle.net/1721.1/48636
Publisher
[Cambridge, M.I.T.]
Other identifiers
optimalityofcomp00mert
Series/Report no.
Working paper (Sloan School of Management) ; 664-73.
Keywords
Capital market., Efficient market theory.
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