1.   The market values of the assets, on the other hand, is much more difficult to determine because there is not an efficient market in second-hand assets.

2.   On the other hand, those who support the efficient market theory have made substantial cases for the irrelevance of dividends.

3.   How far does the empirical evidence for the US and UK markets support the efficient market hypothesis?

4.   This may represent an anomaly in what is otherwise an efficient market.

5.   Among economists, this so-called efficient market theory is just that, a theory, reflecting a Platonic ideal of the marketplace.

6.   An efficient market system requires both.

7.   And by providing a highly efficient market, economists say, auctions buttress the resale value of used cars.

8.   A generation ago, one of the big debates among Wall Streeters concerned the so-called efficient markets hypothesis.

9.   According to the theory of efficient markets, the market value of a company depends on its expected future profits.

10.   But efficient market theorists regard those cases as rare.