"This is a perfect market for the type of out-source technology that we provide, in part because their margins are so thin, they don't have the resources to develop these technologies themselves, " said Passovoy.
32.
It also doesn't make unsourced predictions, especially when assuming a perfect market the existing price would be " assumed " to approximate the best rational estimate, within some unknown and doubtless financially interesting margin of error.
33.
In a perfect market, there are no externalities, meaning that the demand curve is also equal to the social benefit of the additional unit, while the supply curve is equal to the social cost of the additional unit.
34.
Officially, the Haitian import-export market represents less than one percent of the Dominican's foreign trade, a figure Dominican businessmen, who feel Haiti is a perfect market for fertilizer, sugar, rice, detergent, batteries and plastics, want to greatly improve.
35.
In a perfect market the relationship between futures and spot prices depends only on the above variables; in practice there are various market imperfections ( transaction costs, differential borrowing and lending rates, restrictions on short selling ) that prevent complete arbitrage.
36.
"When I first started doing work on how the Internet is affecting commerce, like a lot of people, I was really excited by this nearly perfect market, " said Erik Brynjolfsson of the Sloan School of Management at Massachusetts Institute of Technology.
37.
This notion was captured by the so-called " hedging irrelevance proposition " : " In a perfect market, the firm cannot create value by hedging a risk when the price of bearing that risk within the firm is the same as the price of bearing it outside of the firm ."
38.
""'Paving Wall Street : Experimental Economics and the Quest for the Perfect Market " "'( later reprinted under the title " "'Experimental Economics : How We Can Build Better Financial Markets " "') is a book about finance, experimental economics and market design, written by Ross Miller ( forward by Vernon L . Smith ), published in 2002.
39.
When you save, you're really just creating more of a special resource called " capital . " If the return on that capital ( in a perfect market, the " interest rate " ) is relatively high, savings today might mean more consumption for everybody tomorrow . ( see Exogenous growth model, which is more of a second-year thing)
