Key points are not available for this paper at this time.
Ronald J. Gilson, Reinier H. Kraakman, The Mechanisms of Market Efficiency, Virginia Law Review, Vol. 70, No. 4, Fifty Years of Federal Securities Regulation: Symposium on Contemporary Problems in Securities Regulation (May, 1984), pp. 549-644
Gilson et al. (Tue,) studied this question.