But economists were hardly naive believers in market efficiency.
但经济学家并不是市场效率的天真信徒。
The function of futures markets is price discovery, price risk hedging, and market efficiency improving.
期货市场的功能在于价格发现、价格风险规避及市场效率提高。
Longer hours don't mean better market efficiency.
延长交易时间并不意味着市场效率就越高。
Size resulting from such linkages will also enhance market efficiency and liquidity.
市场规模因这些联系而扩大，亦会有助提高市场效率和流动性。
Chapter one presents the stock market efficiency theory as well as a review of the research.
第一章：股市的效率理论介绍及研究回顾。
While the cost supplements based on load flow tracing methods will damage the market efficiency.
而用潮流追踪法追加成本又会损害市场效率。
Irregular volatility in stock price caused by information asymmetry is able to damage the market efficiency.
信息不对称使股价出现异常波动，脱离其内在价值，必然破坏市场的有效性。
Our results show that tick size is helpful to enhance the market efficiency of Shanghai closed-end fund market.
实证结果表明，最小报价单位影响市场效率，最小报价单位“分改厘”提高了上海封闭式基金的市场效率。
The estimate results show that the impact of insurance sector FDI on China's insurance market efficiency is positive.
结果表明，保险业FDI对中国保险市场效率的提升产生了积极影响。
This? Paper tests market efficiency through examining its capability to identify the essence of change in accounting estimate.
本文通过考察市场能否识别会计估计变更的实质来验证市场有效性。
The study of market efficiency has profound realistic significant for the Chinese stock market which is in a transforming period.
对市场效率问题的研究对于转型时期的中国股票市场具有深远的现实意义。
According to the empirical result, the paper expounds how to understand securities market efficiency from the Angle of non-linear.
根据实证研究的结果，文章阐述了如何在非线性视角下看待证券市场的有效性。
The value returning process and market efficiency have a close linkage from the perspective of equilibrium price finding of market efficiency.
从市场效率的均衡价格发现功能来说，价值回归过程与市场效率之间有着紧密的联系。
However, the asymmetry information of market dealers results in the unfairness of trade, the twisted price and the market efficiency decrease.
而市场参与者之间的信息不对称造成了交易不公、价格扭曲和市场效率的下降。
The issue of market efficiency in emerging markets is of great significance for both foreign investors and policy makers in emerging economies.
新兴市场的市场效率问题对新兴经济体的外国投资者和政策制定者都具有重要意义。
To set up information disclosure mechanism is the best measure to protect investors, establish public confidence, and to strengthen market efficiency.
建立信息披露机制，充分披露信息是保护投资者、建立公众信心和增强市场效率的最好措施。
This essay trys to study Chinese stock market efficiency and its operation by examining the correlation between stock prices and their financial information.
本文试图通过观察股票市场财务信息与股票价格之间的相关性情况来从一个侧面对我国股票市场效率、运转情况进行研究。
Based on analyzing the problem of asymmetric information in the B2C mode, this paper advances some tactics of improving the market efficiency under the B2C mode.
在分析B2C模式中的信息不对称问题的基础上，提出了B2C模式下提高市场效率的策略。
If market anomalies exactly exist, then the non-semi-strong - efficient of Chinese stock market can be judged, and the market efficiency theory will be challenged.
如果市场异象显著存在，那么就可以判断中国股市的非半强效率，并且构成对市场有效性理论的一个挑战。
Because listed companies are publicly held companies, the quality of their accounting information affects the social resources' arrangement and the market efficiency.
由于上市公司是公众公司，其会计信息的质量影响着社会资源的配置和市场效力。
The price limiting mechanism (PLM) aims to limit the range of daily fluctuations of stock prices in order to reduce stock market fluctuation and enhance market efficiency.
涨跌停机制是对证券的每日最高和最低成交价，或每日最高涨跌幅度进行的限制，旨在降低股市波动，提高市场效率。
The market efficiency theory believes that the prices of stocks reflect information, since valuable information could change investors 'expectation and then cause market reaction.
市场有效论认为，证券价格将会反映市场信息，因为，有价值的信息将会改变投资者的预期，引起市场反应。
By the GARCH (1, l) model, we verify that the three stages of the Chinese futures market don't reach the stage of weak market efficiency until now, which proves to be of high risk.
通过GARCH(1,1)的市场有效性检验，论证了中国期货市场三个阶段均尚未达到弱式有效，市场风险较大。
Through variance ratio test, we find the Chinese warrant markets do not reach weak form market efficiency, and simple trading rules of technique analysis prove some kind of efficacy.
通过方差比检验，我们发现中国权证市场不具弱有效性，简单交易规则一定程度上能在权证市场中有效预测。
For the four-knots power transfer system, it is found by the paper that decreasing market concentration degree will reduce market efficiency (although the cost will not be influenced).
对于四节点输电系统，本论文研究发现，降低市场集中程度将降低市场效率(即使成本不受影响)。
The own characters of market regulation law decide its value must be orientated in the market order, which contains market equity, market justice, market efficiency and market security.
市场规制法的自身特征决定了其价值必须定位为（市场）秩序，它内涵了市场公平、市场正义、市场效益、市场安全等价值。
The own characters of market regulation law decide its value must be orientated in the market order, which contains market equity, market justice, market efficiency and market security.
市场规制法的自身特征决定了其价值必须定位为（市场）秩序，它内涵了市场公平、市场正义、市场效益、市场安全等价值。
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