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monopsony::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | market, market place, marketplace |
Examples of monopsony
monopsony
This is a highly remarkable result, because it only follows under monopsony.
From the en.wikipedia.org
The monopsony power of a single or a few large insurers can thus lead to lower prices.
From the economix.blogs.nytimes.com
In economics, a monopsony is a market form in which only one buyer faces many sellers.
From the en.wikipedia.org
Doctor's receive a fixed fee for a service by the insurers, which have monopsony power.
From the economist.com
The NL used its monopsony power to force a $2,400 limit on annual player wages in 1894.
From the en.wikipedia.org
Creating a monopsony was certainly part of the motive behind GAVI.
From the economist.com
Another possible monopsony could develop in the exchange between the food industry and farmers.
From the en.wikipedia.org
It is thus a measure of the market failure caused by monopsony.
From the en.wikipedia.org
A market with a single buyer and multiple sellers is a monopsony.
From the en.wikipedia.org
- (economics) a market in which goods or services are offered by several sellers but there is only one buyer
- In economics, a monopsony (from Ancient Greek u03BCu03CCu03BDu03BFu03C2 (mu00F3nos) "single" + u1F40u03C8u03C9u03BDu03AFu03B1 (opsu014Dnu00EDa) "purchase") is a market structure in which only one buyer interacts with many would-be sellers of a particular product...
- The only buyer with control over market purchases.
- A market structure with only a single buyer of a product who is able, therefore, to set the buying price. The classic examples include the demand for labor in a one-company town and the purchase of all output from certain mines by a large manufacturer.
- A market in which there is only one buyer of the item sold. Unlike individual consumers in most markets, a monopsonits will have an impact on the market price. When he purchases an extra unit of the item, market demand perceptibly increases and the market price rises. (Bannock et al., 1992, 295).
- A market structure in which there is a single buyer. Term introduced in Robinson (1932).
- This high-falutin' term is included in the glossary only for fans who want to show off and irritate everyone else in a sports conversation. It is the flip side of the word "monopoly." From one legal perspective, the NFL is a cartel that controls the entire market for pro football. ...
- A situation where there is only a single buyer in a market.
- An economic situation where one aggregate customer sets the price for demand. Health care policy often refers to this concept, as does retail (Wal-Mart).
