NOUN
- (economics) a market in which goods or services are offered by several sellers but there is only one buyer
How To Use monopsony In A Sentence
- By National PostAugust 14, 2009 2: 04 AM What the Canadian Wheat Board calls "single-desk marketing" is, technically, a "monopsony" -- many sellers, but only one buyer; in this case the federal government. WN.com - Business News
- And since no market exists in monopsony, the contrary principle doesn’t apply either. The Volokh Conspiracy » “Activist Government” and the Rights of Minorities
- Using modern terms, in labor markets oligopsony or monopsony emerges, and market imperfections and a zero reservation price for labor exist.
- In this manner, the imperfect market for players has been transformed from one of monopsony to that of bilateral monopoly.
- And armor plate is -- is very tricky stuff to manufacture, and steel companies never liked manufacturing it much to begin with because, by its nature, it is what we called a monopsony; there's only one buyer in the market, and that's the United States Navy. The Business of America
- This might be called a monopsony in the labor market. A Theory of Investment Banking, Arnold Kling | EconLog | Library of Economics and Liberty
- There may have been instances of monopsony or oligopsony in the 19th century, but they were short-lived.
- The minimum-wage advocates who have thought much about it (of course, many haven't) usually have in mind some kind of monopsony model The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty
- The supermarkets enjoy what economists call a monopsony: excessive buying WN.com - Business News
- There may have been instances of monopsony or oligopsony in the 19th century, but they were short-lived.
