---
entity_slug: market_extent_measurement
evaluator: null
evaluated_at: '2026-02-23T05:45:28.698356'
overall_score: 3.2
scores:
- name: definition_precision
  value: 3.0
  max_value: 5.0
  rationale: The definition captures a coherent concept about quantifying market size
    and reach, but it's somewhat broad and umbrella-like, encompassing multiple distinct
    measurement approaches (geographical, demographic, cost-based, volume-based) rather
    than defining a single precise mechanism.
- name: source_grounding
  value: 2.0
  max_value: 5.0
  rationale: While Smith does discuss factors affecting market extent in Chapter 3,
    he doesn't explicitly present "market extent measurement" as a systematic framework
    or set of quantification methods - this appears to be an analytical overlay imposed
    on his more descriptive observations about market differences.
- name: domain_placement
  value: 4.0
  max_value: 5.0
  rationale: The "Exchange" domain is appropriate since market extent directly relates
    to the scope and scale of trading relationships and commercial exchange networks
    that Smith discusses in his analysis of division of labor.
- name: vsm_relevance
  value: 4.0
  max_value: 5.0
  rationale: This entity maps well to S4 (intelligence/environmental adaptation) as
    it represents the system's capacity to sense and measure its operational environment
    - understanding market boundaries and potential is crucial for adaptive economic
    decision-making.
- name: explanatory_value
  value: 3.0
  max_value: 5.0
  rationale: The entity provides moderate explanatory value by highlighting the importance
    of market scale assessment for economic specialization, but it primarily systematizes
    Smith's observations rather than revealing deeper structural mechanisms about
    how markets actually function.
---

# Evaluation: Market Extent Measurement

## definition_precision — 3.0 / 5.0

The definition captures a coherent concept about quantifying market size and reach, but it's somewhat broad and umbrella-like, encompassing multiple distinct measurement approaches (geographical, demographic, cost-based, volume-based) rather than defining a single precise mechanism.

## source_grounding — 2.0 / 5.0

While Smith does discuss factors affecting market extent in Chapter 3, he doesn't explicitly present "market extent measurement" as a systematic framework or set of quantification methods - this appears to be an analytical overlay imposed on his more descriptive observations about market differences.

## domain_placement — 4.0 / 5.0

The "Exchange" domain is appropriate since market extent directly relates to the scope and scale of trading relationships and commercial exchange networks that Smith discusses in his analysis of division of labor.

## vsm_relevance — 4.0 / 5.0

This entity maps well to S4 (intelligence/environmental adaptation) as it represents the system's capacity to sense and measure its operational environment - understanding market boundaries and potential is crucial for adaptive economic decision-making.

## explanatory_value — 3.0 / 5.0

The entity provides moderate explanatory value by highlighting the importance of market scale assessment for economic specialization, but it primarily systematizes Smith's observations rather than revealing deeper structural mechanisms about how markets actually function.
