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单词 monopsony
释义

monopsonyn.

Brit. /məˈnɒpsəni/, /məˈnɒpsn̩i/, U.S. /məˈnɑpsəni/
Origin: A borrowing from Greek, combined with an English element. Etymons: mono- comb. form, Greek ὀψωνία.
Etymology: < mono- comb. form + ancient Greek ὀψωνία purchase of provisions ( < ὀψωνεῖν to buy provisions (see opsonation n.) + -ία -y suffix3), after monopoly n.Coined by B. L. Hallward, economist (1901–2003; compare quot. 1933 at main sense).
Economics.
A market condition in which a single buyer dominates or controls trade in a commodity, product, or service; a consumer in this position. Cf. oligopsony n.
ΘΚΠ
society > trade and finance > trading conditions > [noun] > monopsony or oligopsony
monopsony1933
oligopsony1937
1933 J. Robinson Econ. Imperfect Competition xvii. 215 I am indebted to Mr B. L. Hallward, of Peterhouse, Cambridge, for the word monopsony, which is derived from ὀψωνειν, to go marketing.
1941 R. Triffin Monopolistic Competition & General Equilibrium Theory iii. 113 Other types of interrelationships, intermediate between monopsony and pure competition, can be distinguished.
1971 Royal Soc. Health Jrnl. 91 220/2 The main risks of the B.M.A. scheme however are not of this type. Rather they lie in breaking up the State monopsony.
2000 Econ. Affairs 20 47/3 It is..very doubtful whether monopsony can explain the evidence that minimum wages do not destroy jobs.

Compounds

General attributive.
monopsony buyer n.
ΚΠ
1964 Economist 1 Feb. 434/1 Bargaining between a monopsony buyer and a suppliers' ring.
1993 Amer. Econ. Rev. 83 838/2 Under their assumptions,..the monopsony buyer offers a fixed price and approaches the potential sellers sequentially.
monopsony power n.
ΚΠ
1968 Internat. Encycl. Social Sci. X. 464 Analogous to a seller's monopoly power, a buyer is said to have ‘monopsony’ power when he can significantly affect the price of what he buys by varying the quantity bought.
1995 M. J. Trebilcock & R. Howse Regulation Internat. Trade i. 8 Countries that account for a very high proportion of international demand for a certain good may..possess a significant degree of monopsony power.
This entry has been updated (OED Third Edition, December 2002; most recently modified version published online March 2022).
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n.1933
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