Transparency (market)
From Wikipedia, the free encyclopedia
For other uses of "Transparency", see Transparency (disambiguation).
In economics, a market is transparent if much is known by many about:
- What products, services or capital assets are available.
- What price.
- 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.
[edit] See also
- Shell corporation
- Underground economy
- Information
- Efficient market
- Transfer pricing
- Market anomaly
- International Sugar Organization
- Consumer protection
- Consumer organization
- Competition regulator
- Extractive Industries Transparency Initiative (or EITI)
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