Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun a single
buyer who dominates a market.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
Support
Help support Wordnik (and make this page ad-free) by adopting the word monopsonist.
Examples
-
Faithful readers of this space (with unusually good memories) might recall that I once analyzed orchestras as monopsonist entities, so one might be tempted to compare notes, as it were, to try and predict how a health-care monopsony would resemble the orchestral world.
Archive 2009-06-01 Matthew Guerrieri 2009
-
"Do you mean to say that the monopolist is actually a monopsonist in an input market and a monopolist in the output market?"
Tax Cuts for the Rich, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
In other countries health care coverage is provided by a monopsonist purchaser that can set prices. the result is a perceived shortage of health care supply.
Blaming Health Care Producers, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
The school often being a monopsonist in the teacher labor market, exagerates the problem.
Read What Arnold Says, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
The case of a labor market monopsonist (only one employer), the symmetrical argument is that a wage floor can improve welfare.
The Minimum Wage, Con't, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
Faithful readers of this space (with unusually good memories) might recall that I once analyzed orchestras as monopsonist entities, so one might be tempted to compare notes, as it were, to try and predict how a health-care monopsony would resemble the orchestral world.
Rockin' pneumonia Matthew Guerrieri 2009
-
Do you mean to say that the monopolist is actually a monopsonist in an input market and a monopolist in the output market?
Tax Cuts for the Rich, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
As the only purchaser of a good or service, the “monopsonist” may dictate terms to its suppliers in the same manner that a monopolist controls the market for its buyers.
-
As the only purchaser of a good or service, the “monopsonist” may dictate terms to its suppliers in the same manner that a monopolist controls the market for its buyers.
-
This is because the monopsonist avoids purchasing the last few units of a good whose value to the monopsonist is greater than their marginal cost, in order to hold down the price paid for prior units.
Republicans Complain Minimum Wage Increase Does Not Cover Pacific Island Economy 2007
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.