The Transparent Marketplace

Mats Larsson and David Lundberg

Chapter 2 in The Transparent Market, 1998, pp 15-26 from Palgrave Macmillan

Abstract: Abstract ‘Transparency’ is a word that points to one of the most important characteristics of the emerging electronic marketplace. Transparency’ refers to the fact that an object can be seen through (light can pass through it). In a more general sense, it also means ‘open’, ‘frank’ and ‘clear’. In this book, the word is intended to indicate the fact that every aspect of a system or an object is visible to the viewer. The analogy is meant to stress a major difference between the marketplace of today, in which only a limited amount of information can be accessed, and the market of tomorrow, in which all relevant information on any subject could be accessed by anyone, anywhere.

Keywords: Brake System; Physical Market; Electronic Marketplace; Perfect Market; Transparent Market (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27018-7_2

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DOI: 10.1007/978-1-349-27018-7_2

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