So far as school education is concerned, many of the assumptions necessary for market efficiency fail, the main problems being imperfect information, imperfect capital markets, and external effects. (Nicholas Barr)

So far as school education is concerned, many of the assumptions necessary for market efficiency fail, the main problems being imperfect information, imperfect capital markets, and external effects.

Nicholas Barr

Related topics

capital education efficiency external fail far imperfect information main market necessary school effects

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