Smith, Craig M.; Peterson, Jeffrey M.; Leatherman, John C. - Agricultural and Applied Economics Association - AAEA - 2010
WQT literature: information levels and trading ratios. Information levels refer to buyers’ and sellers’ knowledge of each … be matched in a less efficient sequence. A variety of information levels are possible. One side of the market may have … of different information levels on market performance. Market performance is measured in terms of cost savings, the …