Electronics & Semiconductors
Rare earth materials are essential to a variety of industries. A new study from Argonne explores the effects of supply disruptions such as mine shutdowns.
May 21, 2021
5
110
Business
Markets for cryptocurrency derivatives—contractual side-bets on the future price of cryptocurrencies—have exploded in recent years. On a busy day, over $100 billion in these derivatives are traded, rivaling the daily ...
Apr 19, 2021
1
41
Energy & Green Tech
New energy tariffs could leave people on bad deals even worse off despite the potential benefits for everyone, research has found.
Mar 2, 2021
1
54
Consumer & Gadgets
Security researcher Patrick Wardle is claiming on his Objective-See website that he has found an instance of malware that targets Apple computers running the M1 chipset. Apple began Mac Mini, Macbook Pro and the Macbook Air ...
Energy & Green Tech
Historically, most electric transmission system operators have used heuristics (rules based on experience) to hold sufficient reserves to guard against unforeseen large outages and maintain system reliability. However, the ...
Feb 16, 2021
0
53
Internet
A new study by Reader in City's Department of Mathematics, Dr. Andrea Baronchelli, published in the Science Advances journal, has revealed a connection between the coding of cryptocurrencies and their market behavior.
Dec 18, 2020
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460
Energy & Green Tech
As rooftop solar prices have fallen, many households at all income levels can now save money by going solar. Nonetheless, low- and moderate-income households remain less likely to adopt solar than high-income households. ...
Nov 9, 2020
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48
Machine learning & AI
Increasingly, biologists are turning to computational modeling to make sense of complex systems. In neuroscience, researchers are adapting the kinds of algorithms used to forecast the weather or filter spam from your email ...
Oct 26, 2020
0
39
Energy & Green Tech
A 'one-size-fits-all' approach to producing cleaner energy based on cost alone could create social inequalities, finds a new study.
Aug 12, 2020
1
133
Internet
Intel suffered a massive breach Thursday as 20 GB of internal documents were published online.
A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.
In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.
The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]
This text uses material from Wikipedia, licensed under CC BY-SA
