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Increasing Market Transparency: The Role Of The Internet And E-Commerce

Author

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  • Paula-Elena Diacon

    (Alexandru Ioan Cuza University of Iasi, Romania)

  • Gabriel-Andrei Donici

    (Alexandru Ioan Cuza University of Iasi, Romania)

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.

Suggested Citation

  • Paula-Elena Diacon & Gabriel-Andrei Donici, 2013. "Increasing Market Transparency: The Role Of The Internet And E-Commerce," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 5(2), pages 187-196.
    • Handle: RePEc:jes:wpaper:y:2013:v:5:i:2:p:187-196
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2013_V2_DIA.pdf
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    References listed on IDEAS

    as
    1. Paula-Elena Diacon & Andreea-Nicoleta Donici, 2011. "E-Commerce Across European Union," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3(3), pages 390-397, September.
    2. repec:jes:wpaper:y:2011:v:3:p:390-397 is not listed on IDEAS
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      More about this item

      Keywords

      electronic commerce; market transparency; Internet Romania;
      All these keywords.

      JEL classification:

      • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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