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Demsetz, H., 1968, The Cost of Transacting, Quarterly Journal of Economics, 82, pp. 33-53.
Dutta, P. and A. Madhavan, 1994, Competition and Collusion in Dealer Markets, mimeo: USC.
Garman, M., 1976, Market Microstructure, Journal of Financial Economics, 3, pp. 257-275.
Grossman, S. and M. Miller, 1988, Liquidity and Market Structure, The Journal of Finance, 43, pp.
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