Science Fair Project Encyclopedia
Market transparency
In economics, a market is transparent if much is known by many about what products and/or services are available at what price and where. This is a special case of the topic at transparency (humanities). A high degree of market transparency can result in disintermediation due to the buyer's increased knowledge of supply pricing.
Transparency is important since it is one of the theoretical conditions required for a free market to be efficient.
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details