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monopsony

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Monopsony - Wikipedia
A monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would- ... en.wikipedia.org
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Monopsony: Definition, Causes, Objections, and Example
A monopsony is a market condition in which there is only one buyer, the monopsonist. Like a monopoly, a monopsony also has imperfect market conditions. www.investopedia.com
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How a Monopsony Works: 3 Examples of Monopsonies - MasterClass
A monopsony is an imbalanced market condition where a single buyer dominates the market of sellers. Due to the imbalance of power that the ... www.masterclass.com
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monopsony
monopsony Econ. (məˈnɒpsənɪ) [f. mono- + Gr. ὀψων-εῖν to buy provisions + -y3.] A condition in which there is only one buyer for the product of a large number of sellers; cf. monopoly. Also in extended use (see quot. 1971). Hence moˈnopsonist; monopsoˈnistic a.1933 J. Robinson Econ. Imperfect Compet... Oxford English Dictionary
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A primer on monopsony power: Its causes, consequences, and ...
July 27, 2022. AUTHORS: Carmen Sanchez Cumming. Topics. Monopsony. "". Shutterstock. At its most basic, monopsony refers to a market where there ... equitablegrowth.org
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Monopsony | Labor Market, Market Power, Wage Discrimination
Monopsony, in economic theory, market situation in which there is only one buyer. An example of pure monopsony is a firm that is the only buyer of labour in an ... www.britannica.com
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Monopsony - Overview, Pros/Cons, Examples
Monopsony consists of a market condition that is heavily influenced by a single buyer. It is the opposite of a monopoly – a market condition with only one ... corporatefinanceinstitute.com
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Monopsony in the US Labor Market - American Economic Association
We find most manufacturing plants operate in a monopsonistic environment, with an average markdown of 1.53, implying a worker earning only 65 cents on the ... www.aeaweb.org
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Monopsony Power in the Labor Market: From Theory to Policy
Labor markets are not perfectly competitive: Monopsony power enables employers to pay workers less than the marginal revenue product of ... www.annualreviews.org
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Labor Market Monopsony: Fundamentals and Frontiers | NBER
This chapter reviews the theory of monopsonistic wage setting, its empirical implications, and some puzzles the framework has struggled to explain. www.nber.org
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oligopsony
oligopsony Econ. (ɒlɪˈgɒpsənɪ) [f. oligo- + Gr. ὀψων-εῖν to buy provisions; after monopsony; cf. opsony.] A marketing state in which only a small number of buyers exists for a product; also attrib. Hence oliˈgopsonist, oliˌgopsoˈnistic a.1943 E. R. Walker From Econ. Theory to Policy iv. 61 It is sur... Oxford English Dictionary
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Chamberlinian monopolistic competition
Monopsony is used to describe the buyer converse of a seller monopoly. Robinson used monopsony to describe the wage gap between women and men workers of equal productivity. References Monopoly (economics) wikipedia.org
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Bilateral monopoly
A bilateral monopoly is a market structure consisting of both a monopoly (a single seller) and a monopsony (a single buyer). The same power imbalance occurs in a monopsony where the monopsonist is the only buyer in a market of many sellers. wikipedia.org
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Oligopsony
The terms monopoly (one seller), monopsony (one buyer), and bilateral monopoly have a similar relationship. wikipedia.org
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Addamax
lawsuit in 1991 against the Open Software Foundation (OSF), alleging that OSF created a cartel that controlled the UNIX operating system and exerted monopsony wikipedia.org
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