INCREASING MARKET TRANSPARENCY: THE ROLE OF THE INTERNET AND E-COMMERCE Cover Image

INCREASING MARKET TRANSPARENCY: THE ROLE OF THE INTERNET AND E-COMMERCE
INCREASING MARKET TRANSPARENCY: THE ROLE OF THE INTERNET AND E-COMMERCE

Author(s): Gabriel-Andrei Donici, Paula-Elena Diacon
Subject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: electronic commerce; market transparency; Internet

Summary/Abstract: "Cyberspace" - a concept until recently considered somewhat obscure and fantasy, has become in the contemporary era common and one of the most exciting trends in business. The emergence and development of electronic commerce represented a huge step towards facilitating economic transactions and to the increase market transparency. The latter is one of the main pillars underlying the theoretical model of perfect competition, and thus of an efficient market. This article aims to investigate how electronic commerce has increased market efficiency by increasing transparency.

  • Issue Year: 5/2013
  • Issue No: 2
  • Page Range: 187-196
  • Page Count: 10
  • Language: English
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