Market System Selection enables you to identify market systems that will give you the best opportunity to achieve your goals. It involves explicitly comparing market systems against one another, and requires you to gather information, design criteria and ultimately make decisions on where to focus.
After brainstorming a long list of potential market systems, you will identify a set of selection criteria against which to judge the market systems. The final decision must be evidence-based, but it is ultimately a subjective judgment call. Iterative investigation will help you to balance rigour with practicality and make a final decision that is based on informed discussion and deliberation.