The Online Encyclopedia and Dictionary






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.

Last updated: 09-12-2005 02:39:13