In the efficient markets model.
在有效市场模型。
I think that "Efficient markets" is an important concept.
我认为“有效市场”是很重要的概念。
Not for him, then, was the notion of "efficient markets".
不是他，那么，看来就是“市场调节”的错了。
In efficient markets, such an anomaly should be arbitraged away.
在有效市场中，这种异常情况理应被判出局。
His challenge to the prophets of efficient markets was even more acute.
他对有效市场预言家们的挑战甚至更加激烈。
Efficient markets and fair competition depend on access to reliable data and information.
高效的市场和公平的竞争有赖于可靠信息数据的获取。
If markets were perfectly efficient, David Swensen could not have done what he did.
假设市场完全有效，大卫·斯文森就不可能有现在的成绩。
After all, their models said that financial markets were always efficient.
毕竟，他们的模型说，金融市场总是有效的。
Markets aren't efficient, but it's not that easy to beat them.
市场并不是有效的，但是要想击垮它们也不容易。
He's another example that markets are really not efficient.
他的例子再次说明了市场不是完全有效的。
I don't know if markets are efficient or inefficient.
我不知道市场是有效的还是无效的。
Financial information helped make the markets more efficient.
金融信息让市场运行得更有效。
Do you think that China is moving toward efficient financial services markets?
你认为中国正在步入高效的金融服务市场吗？
This is a world in which free and unfettered markets are always efficient.
在那样一个世界中，自由和不受约束的市场总是有效率的。
It has been hard, though, to tell how efficient bond markets are.
然而，债券市场的效益到底有多高还很难下定论。
It has been hard, though, to tell how efficient bond markets are.
然而，债券市场的效益到底有多高还很难下定论。
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