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Monopsony

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Monopsony
A monopsony is exists in a market that has only a single buyer. It is similar to a monopoly.

 


Monopsony
Literally, single buyer. A situation in which a single firm or individual is the only buyer of a particular good or service within a given market.
[See also: monopoly, competition] ...

Monopsony
Definition: A market where there is only a single buyer of a good.
Related diagram: ...

Monopsony
The existence of only one buyer in a market, forcing sellers to accept a lower price than the socially optimal price.
Moody's investment grade ...

Monopsony
A market dominated by a single buyer. A monopsonist has the MARKET POWER to set the PRICE of whatever it is buying (from raw materials to LABOUR).

monopsony a situation in which there is a single buyer of a particular good or service in a given market. (12) ...

Monopsony - A market with a single buyer or employer.
Moral hazard - A situation in which an individual or a firm takes advantage of special knowledge while engaging in socially uneconomic behavior.

MONOPSONY: A market characterized by a single buyer of a product. Monopsony is the buying-side equivalent of a selling-side monopoly. Much as a monopoly is the only seller in a market, monopsony is the only buyer.

monopsony
situation in which one buyer dominates, forcing sellers to agree to the buyer's terms. For example, a tobacco grower may have no choice but to sell his tobacco to one cigarette company that is the only buyer for his product.

monopsony (in marketing)
Cartel
Oligopsony (finance term)
Monopoly (business term)
Hawaii Housing Authority v. Midkiff
Competition
Staggers Rail and Motor Carrier Acts of 1980
Carpet Manufacture (American history)
Federal Trade Commission Act (1914) ...

monopoly
monopsony
oligopoly
oligopsony
monopolistic competition
asymmetrical information
downward sloping longrun average cost curve, ie. natural monopoly
price discrimination ...

Monopsony
A market structure in which there is a single buyer. Term introduced in Robinson (1932).
Monotonic
Changing in one direction only; thus either strictly rising or strictly falling, but not reversing direction.

It has been shown that FT channel may help to address specific market failures such as credit rationing, underinvestment in local public goods (health, education, professional training), monopsony of local intermediaries and/or moneylenders ...

Monopsonistic exploitation Exploitation due to monopsony power. It leads to a price for the variable input that is less than its marginal revenue product.

Collectively, these agreements grant a degree of monopsony power (monopoly power over the right to buy something-in this case, player services) to owners.

Monopsony, when there is only one buyer in a market.
Natural monopoly, a monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.

He argued that wages, prices and interest rates may not change sufficiently due to rigidities such as trades unions and monopsony employers.

A situation in which there is only one customer for a company's product. also called monopsony.

Abrams' model for calculating DLOM based on the interaction of discounts from four economic components.
This model consists of four components: the measure of the economic impact of the delay-to-sale, monopsony power to buyers, ...

A monopoly is a market in which buyers are faced with only a single seller. The result is an absence of competition which can lead to high prices and inferior products. The opposite situation in which one buyer faces many sellers is a monopsony.

Absolute control of all sales and distribution in a market by one firm, due to some barrier to entry of other firms, allowing the firm to sell at a higher price than the socially optimal price.
Monopsony ...

small, all suppliers offer the same goods, there are a large number of suppliers and buyers, and information on pricing and process is readily available. Forms of imperfect competition include monopoly, oligopoly, monopolistic competition, monopsony ...

monopsony A type of market structure in microeconomics in which there is only one client... Monte Carlo An analytical technique in which a large number of theoretical simulations are...

See also: Monopoly, Perfect competition, Equilibrium, Population, Marginal cost

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