The Conceptual Model of Efficient Markets in Information Databases in Iran: Model of Efficient Markets in Information Databases

The main purpose of this article is to conceptually model market efficiency of information databases in Iran. In order to achieve that, summarizing content analysis techniques was used by reviewing literatures and exploratory interviews. The study population in interviews consists of brokers selling databases in Iran. The bibliographical research has been done on efficient market related publications published in the 5-year period of 2011-2015, indexed on Science Direct, ProQuest and EBSCO information databases. It was found that fourth categories for information database efficient markets: Linearity is most important and then to order, are logic and rationality, and Information-centric, trading volume reached fourth place, so one can say the information database markets are efficient and therefore author(s) traced the conceptual model of efficient markets in Information Databases in Iran.