单词 | monopsony |
释义 | monopsonyn. 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). < n.1933 |
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