• In economics, a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services...
    34 KB (4,006 words) - 03:04, 10 May 2024
  • Thumbnail for Factor market
    Similar to a monopsony, an oligopsony is a group of few powerful buyers that demand the majority of goods and services purchased. Monopsonies and oligopsonies...
    20 KB (3,042 words) - 17:14, 30 December 2023
  • market structure consisting of both a monopoly (a single seller) and a monopsony (a single buyer). Bilateral monopoly is a market structure that involves...
    14 KB (1,947 words) - 17:54, 21 April 2024
  • enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good...
    94 KB (12,705 words) - 06:55, 11 May 2024
  • Thumbnail for Microeconomics
    firms. Game theory can elucidate behavior in duopolies and oligopolies. A monopsony is a market where there is only one buyer and many sellers. A bilateral...
    49 KB (5,885 words) - 17:35, 5 May 2024
  • Thumbnail for Joan Robinson
    Competition, Robinson coined the term "monopsony", which is used to describe the buyer converse of a seller monopoly. Monopsony is commonly applied to buyers of...
    26 KB (2,656 words) - 00:04, 14 April 2024
  • where she coined the term "monopsony." Monopsony is used to describe the buyer converse of a seller monopoly. Monopsony is commonly applied to buyers...
    2 KB (286 words) - 11:06, 1 April 2024
  • Thumbnail for Labour economics
    Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied...
    47 KB (5,955 words) - 13:41, 9 April 2024
  • however, minimum wages can increase the efficiency of the labor market in monopsony scenarios, where individual employers have a degree of wage-setting power...
    162 KB (20,236 words) - 23:53, 30 April 2024
  • Thumbnail for Market structure
    Monopsony, when there is only a single buyer in a market. Discussion of monopsony power in the labor literature largely focused on the pure monopsony...
    21 KB (2,671 words) - 09:26, 27 April 2024
  • are unable to compete or even survive. The related terms oligopoly and monopsony are similar in meaning and this is the type of situation that antitrust...
    32 KB (3,515 words) - 05:19, 9 May 2024
  • which there are many sellers producing highly differentiated goods), monopsony (in which there is only one buyer of a good), and oligopsony (in which...
    186 KB (19,001 words) - 16:59, 2 May 2024
  • Thumbnail for Engineering
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    87 KB (8,799 words) - 18:42, 27 April 2024
  • Thumbnail for Manufacturing
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    47 KB (4,605 words) - 20:48, 25 April 2024
  • Thumbnail for Tertiary sector of the economy
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    8 KB (910 words) - 09:37, 10 May 2024
  • competitive markets, but to monopolistic competition, oligopoly, monopoly and monopsony. Computable general equilibrium Cost curve General equilibrium theory...
    4 KB (495 words) - 22:37, 2 November 2022
  • Thumbnail for Sales
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    27 KB (3,273 words) - 12:31, 12 May 2024
  • perfectly competitive market, or between an evenly matched monopoly and monopsony. In many cases, bargaining power is not static and can be enhanced through...
    15 KB (1,945 words) - 10:29, 27 March 2024
  • is a form of imperfect competition. The terms monopoly (one seller), monopsony (one buyer), and bilateral monopoly have a similar relationship. In each...
    5 KB (563 words) - 05:40, 17 February 2024
  • distorted by a seller or sellers with monopoly power, or a buyer with monopsony power. Such price distortions can have an adverse effect on market participant's...
    83 KB (10,683 words) - 15:15, 25 April 2024
  • Thumbnail for Secondary sector of the economy
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    6 KB (313 words) - 01:39, 27 February 2024
  • Virtual bidding is a strategy implemented in various Independent System Operator electricity markets of trading Day-Ahead prices against Real-Time (or...
    6 KB (948 words) - 06:33, 16 May 2022
  • Enshittification (category Monopsonies)
    intermediaries can functionally act as both a monopoly on services and a monopsony on customers, as high switching costs prevent either from leaving even...
    38 KB (3,594 words) - 16:09, 2 May 2024
  • Thumbnail for Financial services
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    24 KB (2,406 words) - 00:36, 10 May 2024
  • one two few sellers monopoly duopoly oligopoly buyers monopsony duopsony oligopsony...
    21 KB (2,625 words) - 04:00, 3 May 2024
  • The May Revolution (Spanish: RevoluciĆ³n de Mayo) was a series of revolutionary political and social events that took place during the early nineteenth...
    27 KB (3,373 words) - 15:27, 6 October 2023
  • Thumbnail for National Collegiate Athletic Association
    Economists have subsequently characterized the NCAA as a cartel and collusive monopsony. Pro-rating payouts to Division I basketball players in proportion to...
    162 KB (17,670 words) - 07:36, 11 May 2024
  • there would be one common ownership of all twelve teams. The NL used its monopsony power to force a $2,400 ($85,000 today) limit on annual player wages in...
    44 KB (5,240 words) - 16:55, 17 April 2024
  • Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    138 KB (14,434 words) - 04:28, 12 May 2024
  • Thumbnail for Online shopping
    Conglomerate Horizontal integration Mergers and acquisitions Monopoly Monopsony Vertical integration Decentralization Enforced breakup Freelancing Homesteading...
    59 KB (7,567 words) - 08:44, 26 April 2024