Monopsony
DOWNLOAD
Download Monopsony PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Monopsony book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Monopsony In Motion
DOWNLOAD
Author : Alan Manning
language : en
Publisher: Princeton University Press
Release Date : 2013-12-03
Monopsony In Motion written by Alan Manning and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-03 with Business & Economics categories.
What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.
Monopsony In Law And Economics
DOWNLOAD
Author : Roger D. Blair
language : en
Publisher: Cambridge University Press
Release Date : 2010-09-06
Monopsony In Law And Economics written by Roger D. Blair and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-06 with Business & Economics categories.
Most readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
Monopsony In Labor Markets
DOWNLOAD
Author : Brianna L. Alderman
language : en
Publisher: Cambridge University Press
Release Date : 2024-02-15
Monopsony In Labor Markets written by Brianna L. Alderman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-15 with Business & Economics categories.
The economics of monopsony power results in lower wages and other forms of compensation, as well as reduced employment. Wealth is transferred from workers to their employers. In addition, the employer's output is reduced, which leads to increased prices for consumers. Monopsony in Labor Markets demonstrates that elements of monopsony are pervasive and explores the available antitrust policy options. It presents the economic and empirical foundations for antitrust concerns and sets out the relevant antitrust policy. Building on this foundation, it examines collusion on compensation, collusive no-poaching agreements, and the inclusion of non-compete agreements in employment contracts. It also addresses the influence of labor unions, labor's antitrust exemption, which permits the exercise of countervailing power, and the consequences of mergers to monopsony. Offering a thorough explanation of antitrust policy, this book identifies the basic economic problems with monopsony in labor markets and explains the remedies currently available.
Reverse Subsidies In Global Monopsony Capitalism
DOWNLOAD
Author : Dev Nathan
language : en
Publisher: Cambridge University Press
Release Date : 2022-05-26
Reverse Subsidies In Global Monopsony Capitalism written by Dev Nathan and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-26 with Business & Economics categories.
Purchase of gendered labour and environmental services below costs of production become reverse subsidies, captured by global brands.
Monopsony
DOWNLOAD
Author : Roger D. Blair
language : en
Publisher:
Release Date : 1993
Monopsony written by Roger D. Blair and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Law categories.
When owners of major league baseball teams collude in dealing with free agents, when universities meet to avoid a bidding war for the most desirable students, when large manufacturing or processing facilities fix purchase prices of raw materials at artificially low levels, and when dealers rig the bids in public auctions, monopsony power is being exercised. Drawing on microeconomic theory and antitrust law, this interdisciplinary work explores the implications of monopsony, or buying power, for antitrust policy. Roger Blair and Jeffrey Harrison argue that monopsony is more prevalent than usually supposed. Here they offer a systematic treatment of the topic, demonstrating that whether monopsony power exists because of a dominant buyer or collusion among buyers, it can cause social welfare losses analogous to those occasioned by monopoly. Blair and Harrison demonstrate that monopsony affects all areas of antitrust policy, including the law of monopolization, collusion, and merger policy. In so doing, they develop several policy tools, such as a Buying Power Index and a guide to its practical application. They also discuss bilateral monopoly and offer a principled basis for distinguishing between socially desirable and undesirable cooperative buying.
Monopsony In Law And Economics
DOWNLOAD
Author : Roger D. Blair
language : en
Publisher: Cambridge University Press
Release Date : 2010-09-06
Monopsony In Law And Economics written by Roger D. Blair and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-06 with Business & Economics categories.
Most readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
Monopsonistic Labour Markets And The Gender Pay Gap
DOWNLOAD
Author : Boris Hirsch
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-04-05
Monopsonistic Labour Markets And The Gender Pay Gap written by Boris Hirsch and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-05 with Business & Economics categories.
This book investigates models of spatial and dynamic monopsony and their application to the persistent empirical regularity of the gender pay gap.
The Real Thin Theory
DOWNLOAD
Author : Alan Manning
language : en
Publisher:
Release Date : 2003
The Real Thin Theory written by Alan Manning and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Labor market categories.
Monopsony Capitalism
DOWNLOAD
Author : Ashok Kumar
language : en
Publisher: Cambridge University Press
Release Date : 2020-10-29
Monopsony Capitalism written by Ashok Kumar and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-29 with Political Science categories.
This book explores the combination of capital's changing composition and labour's subjective agency to examine whether the waning days of the 'sweatshop' have indeed begun. Focused on the garment and footwear sectors, it introduces a universal logic that governs competition and reshapes the chain. By analysing workers' collective action at various sites of production, it observes how this internal logic plays out for labour who are testing the limits of the social order, stretching it until the seams show. By examining the most valorised parts of underdeveloped sectors, one can see where capital is going and how it is getting there. These findings contribute to ongoing efforts to establish workers' rights in sectors plagued by poverty and powerlessness, building fires and collapses. With this change and a capable labour movement, there's hope yet that workers may close the gap.
Monopsony Issues In Agriculture
DOWNLOAD
Author : United States. Congress. Senate. Committee on the Judiciary
language : en
Publisher:
Release Date : 2004
Monopsony Issues In Agriculture written by United States. Congress. Senate. Committee on the Judiciary and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.