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- W2003902012 abstract "An efficient market is thought to be desirable by many legislators, regulators, and academicians. At the same time, they seem adamant that the investment industry unbundle. These two positions are at odds unless it is proposed that investment research be subsidized. Regulators who insist on efficient markets should recognize the dangerous consequences of also insisting on negotiable commission rates." @default.
- W2003902012 created "2016-06-24" @default.
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- W2003902012 date "1975-04-30" @default.
- W2003902012 modified "2023-09-25" @default.
- W2003902012 title "Unbundling" @default.
- W2003902012 doi "https://doi.org/10.3905/jpm.1975.408532" @default.
- W2003902012 hasPublicationYear "1975" @default.
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