Transparency (Market)

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Details

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In economics, a market is transparent if much is known by many about: What products, services or capital assets are available. What price. Where. There are two types of price transparency: 1) I know what price will be charged to me, and 2) I know what price will be charged to you. The two types of price transparency have different implications for differential pricing. 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. Price transparency can, however, lead to higher prices, if it makes sellers reluctant to give steep discounts to certain buyers, or if it facilitates collusion.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130993252
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Größe H220mm x B220mm
    • EAN 9786130993252
    • Format Fachbuch
    • Titel Transparency (Market)
    • Herausgeber Betascript Publishing
    • Anzahl Seiten 104
    • Genre Wirtschaft

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