This might be called a monopsony in the labor market. From Wordnik.com. [A Theory of Investment Banking, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
The supermarkets enjoy what economists call a monopsony: excessive buying. From Wordnik.com. [WN.com - Business News] Reference
And since no market exists in monopsony, the contrary principle doesn’t apply either. From Wordnik.com. [The Volokh Conspiracy » “Activist Government” and the Rights of Minorities] Reference
I doubt if most advocates of a higher minimum wage could even pronounce "monopsony", much less have a monopsony model in mind. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
The minimum-wage advocates who have thought much about it (of course, many haven't) usually have in mind some kind of monopsony model. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
I've never come across the word monopsony before. From Wordnik.com. [Brownstoner] Reference
What is a "monopsony"? many sellers with one buyer. From Wordnik.com. [Conservapedia - Recent changes [en]] Reference
A monopsony is a market situation where the buyer has a monopoly.). From Wordnik.com. [Latest news from the public and voluntary sectors, including health, children, local government and social care, plus SocietyGuardian jobs | guardian.co.uk] Reference
The economic term here is 'monopsony', companies with one buyer, which is the Federal government. From Wordnik.com. [GetReligion] Reference
This "monopsony" buying power is the main reason why other countries 'drug prices are lower than ours. From Wordnik.com. [Newsvine - Get Smarter Here] Reference
In economic terms, the Pentagon is a " monopsony," a single buyer with life-or-death power over its vendors. From Wordnik.com. [NYT > Home Page] Reference
As a monopsony they force lowest margins on suppliers. From Wordnik.com. [With a New Server, Cisco Pushes “Comm-puting” Strategy] Reference
But what is the labor market is one of monopsony power?. From Wordnik.com. [Republicans Complain Minimum Wage Increase Does Not Cover Pacific Island Economy] Reference
But I'm guessing he isn't thinking about monopsony power. From Wordnik.com. [Archive 2008-05-01] Reference
I give Edwards credit for bringing up monopsony power of buyers. From Wordnik.com. [The Volokh Conspiracy » Presidential Candidates on Antitrust Policy:] Reference
Government has set itself up as a monopsony buyer, to keep costs down. From Wordnik.com. [Archive 2004-10-01] Reference
I do not think anyone believes the monopsony model of the low wage labor market. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
To suppliers, Amazon would like to be a monopsony i.e. the only customer in town. From Wordnik.com. [Making Light: Amazon & Macmillan] Reference
The historical association is the structural likeness of monopoly and monopsony power. From Wordnik.com. [WTF??] Reference
But his characterization of a government-run insurance plan as a monopsony caught my eye. From Wordnik.com. [Rockin' pneumonia] Reference
We have a monopsony on the high street - Waterstones - which is causing all sorts of grief. From Wordnik.com. [Making Light: A music exec's take on the Macmillan/Amazon throwdown] Reference
One could easily generate the result of figure 2 by assuming monopsony in the labor market. From Wordnik.com. [An Infinite Contradiction, Bryan Caplan | EconLog | Library of Economics and Liberty] Reference
The negotiating power of these government entities results from monopsony, not superior skill. From Wordnik.com. [The Dangers of Fannie Mae Health Care] Reference
The folks signing on have a lot of faith in the Card-Krueger (sp?) labor monopsony explanation. From Wordnik.com. [Think Before You Sign, Bryan Caplan | EconLog | Library of Economics and Liberty] Reference
Broadcast TV monopsony brokers of TV programming is now a demoted me-too to cable and satellite. From Wordnik.com. [WTF??] Reference
Foremost among these risks are the effects of monopsony power in the purchase of medical technology. From Wordnik.com. [The Dangers of Fannie Mae Health Care] Reference
Health insurers are using their monopsony power to control markets, control regulators, and crush dissent. From Wordnik.com. [Insurance, Reputation, and Kristallnacht, Bryan Caplan | EconLog | Library of Economics and Liberty] Reference
As far as monopsony goes, I actually can spell it and pronounce it and do understand it quite well, thank you. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
Print newspapers and national glossies monopsony buyers of news and comment are now demoted me-toos to the web. From Wordnik.com. [WTF??] Reference
You may want to argue that gov't has a near monopsony (single buyer) of education but this wouldn't be accurate IMO. From Wordnik.com. [Labor Supply and Demand, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
Traditional radio monopsony speculator on national music was widget-ized and XM & Sirius have forced them into me-too status. From Wordnik.com. [WTF??] Reference
The traditional take-or-pay system also frequently involved either monopsony or oligopoly buyers such as the European utilities. From Wordnik.com. [Chapter 8] Reference
Thus, a believer in the monopsony model can consistently favor small increases in the minimum wage while still opposing large ones. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
Under monopsony, wages can in theory be increased within a certain range with no reduction and maybe even an increase in employment. From Wordnik.com. [The Volokh Conspiracy » MINIMUM WAGE HERESY:] Reference
Under monopsony, wages can in theory be increased within a certain range with no reduction (and maybe even an increase) in employment. From Wordnik.com. [The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
A monopsony is simply a single buyer of a good/service. From Wordnik.com. [Conservapedia - Recent changes [en]]
LearnThatWord and the Open Dictionary of English are programs by LearnThat Foundation, a 501(c)3 nonprofit.
Questions? Feedback? We want to hear from you!
Email us
or click here for instant support.
Copyright © 2005 and after - LearnThat Foundation. Patents pending.