Market Information Systems: an Online Agricultural Market News Retrieval System
نویسندگان
چکیده
and "information." Data are empirical measA minicomputer online information retrieval ures of reality. Data do not become information program is described that is designed to faciliuntil they are compiled, processed, and organtate timely distribution of agricultural market ized so that they can have value to a decision news to state and county research and extenmaker (Riemenschneider). The competitive sion faculty. These faculty have designed promarket model assumes all information is free grams that extend this information to clientele and known to all market participants. This asin their areas. An evaluation indicates that users sumption is required for an efficient marketing find great value in this network. Usage has system (Grossman and Stiglitz). grown rapidly over the period the network has One indicator often used as a measure of effibeen available. This program is available and cency in marketing is instantaneous price discan be used by other states and clientele. persion for identical goods. Stigler wrote that price dispersion was a manifestation of and
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