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The paper summarizes a collaborative research of the authors over more than a decade, as described by the speaker (S. Shaik) at the recent WATOC conference in Jerusalem during July 8-12, 1996. This is a story of the attempts of the authors to drive home the idea that the π-electronic component of benzene and other conjugated systems has a dual character. The π-component is, on the one hand, distortive...
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