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Topic: Oligopsony

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Monopsony

Imperfect competition

Market failure

Oligopoly

Monopolistic competition

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Natural monopoly

Price skimming

Price discrimination

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Abu Ala

Allan Turoff

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Jenny

	Oligopsony - Wikipedia, the free encyclopedia
		An oligopsony is a market form in which the number of buyers are small while the number of sellers in theory could be large.
		An oligopsony is a form of Imperfect competition.
		An example of an oligopsony in our economy might be fast food chains, of which there are a relatively small number.
	en.wikipedia.org /wiki/Oligopsony (194 words)

	Oligopoly - Wikipedia, the free encyclopedia
		Oligopsony is a market form in which the number of buyers are small while the number of sellers in theory could be large.
		A market with a few sellers (oligopoly) and a few buyers (oligopsony) is referred to as a bilateral oligopoly.
		Unprecedented levels of competition, fueled by increasing globalisation, have resulted in the emergence of oligopsony in many market sectors, such as the aerospace industry.
	en.wikipedia.org /wiki/Oligopoly (738 words)

	Wikipedia: Oligopoly
		Oligopsony is a market form in which a firm faces a small number of sellers of the inputs it needs to purchase.
		A market with a few sellers (oligopoly) and a few buyers (oligopsony) is referred to as a bilateral ologopoly.
		Unprecedented levels of competition, fueled by increasing globalisation has resulted in the emergence of oligopsony in many market sectors.
	www.factbook.org /wikipedia/en/o/ol/oligopoly.html (472 words)

	Oligopoly Watch
		An oligopsony (it’s a technical term from economics) happens when are only a few buyers in the market.
		And by the same token, oligopsonies are formed to fight the power of oligopolies.
		The cable operators are becoming an oligopsony to the oligopoly of TV channel owners’ to their subscribers, they’re local monopolies.
	www.oligopolywatch.com /2003/04/09.html (825 words)

	ABC NewsRadio: wordwatch, Oligopsony
		An oligopsony is a market in which there are very few buyers.
		Chanticleer used to refer to the plight of panel beaters whose market is dominated by the small number of insurance companies that provide car insurance.
		Even worse than an oligopsony is a “monopsony” — which is a market in which there’s only one buyer for a product.
	www.abc.net.au /newsradio/txt/s1434310.htm (180 words)

	EH.Net Encyclopedia: Monopsony in American Labor Markets
		Cases of isolated labor markets with only one employer are surely rare, so the model must be elaborated to fit the real world.
		In oligopsony models, employers hold power over wages if they are few in number.
		But it is too simple to fit real American labor markets, so elaborations such as oligopsony or differentiation of employers are needed.
	www.eh.net /encyclopedia/article/boal.monopsony (3315 words)

	Cornell Law School
		The paper examines the competitive aspects of B2B from the view point of the antitrust law and analyzes oligopsony, that is, buyers’ collusion to exercise their market power to decrease the price of the products they are going to buy from suppliers by depressing the quantity of input purchased artificially.
		In addition, the paper analyzes the legal response to an oligopsony agreement in the U.S. as well as in Japan in order to examine how an oligopsony agreement should be treated.
		Further, the paper discusses tangential facts and circumstantial evidence to find an oligopsony agreement, because, in the antitrust practice, whether or not it is possible to find an agreement is sometimes the decisive point.
	lsr.nellco.org /cornell/lps/clacp/7 (517 words)

	Oligopsony : eCorporations
		An oligopsony is a market in which there are few buyers, in other words, the converse of an oligopoly..
		An oligopsony (it’sa technical term from economics) happens when are only a few buyers in the market.
		A good example of oligopsony could be the tomato market.
	www.ecorpscanada.ca /?Top=Oligopsony (98 words)

	Oligopoly \| Topic Definition \| Find the Meaning and Define the Answer of Oligopoly (Site not responding. Last check: 2007-10-18)
		Strategic planning by oligopolists always involves taking into account the likely responses of the other market participants.
		has resulted in the emergence of oligopsony in many market sectors.
		A further instance arises in a heavily regulated market such as wireless communications.
	www.thefreeencyclopedia.com /definition/word.aspx?w=Oligopoly (493 words)

	IngentaConnect Imperfect Price Transmission: Is Market Power Really to Blame? (Site not responding. Last check: 2007-10-18)
		To date, the impact of oligopsony (buyer) power on the degree of price transmission has not been evaluated using a formal theoretical model.
		Moreover, neither has the combination of oligopoly and oligopsony despite the fact that its influence has been formally acknowledged in both the UK and some European food markets.
		This paper makes a contribution to the literature by developing a model of price transmission where both oligopoly and oligopsony power co-exist and where industry technology is assumed to be characterised by variable input proportions.
	www.ingentaconnect.com /content/aes/jae/2004/00000055/00000001/art00007 (271 words)

	Oligopsony and Monopsonistic Competition in Labor Markets (Site not responding. Last check: 2007-10-18)
		Bhaskar, Alan Manning and Ted To We argue that models of oligopsony or monopsonistic competition provide insights and explanation for many empirical phenomena in labor markets.
		Using a simple model with job differentiation and preference heterogeneity, we illustrate how such models can be employed to explain: the existence of wage dispersion, the persistence of labor market discrimination, market failures in the provision of training, and the anomalous employment effects of minimum wages.
		A PDF version of the paper is downloadable or e-mail (To_T at BLS.GOV) or write me for a copy (Bureau of Labor Statistics, Room 3105, 2 Massachusetts Ave., NE, Washington, DC 20212).
	www.theo.to /imperfect (104 words)

	A Simple Test of Oligopsony Behavior with an Application to Rice Milling
		This is especially problematic in studies of food and agricultural industries where high buyer concentration along the supply chain is the norm.
		The purpose of this paper is to provide one more tool in the toolkit of econometric estimation of oligopsony behavior, in particular for those cases where researchers may have rather limited data sets.
		We derive a set of equations to estimate buyer market power with fewer equations and less formal functional specifications than are typically used in such studies.
	www.bepress.com /jafio/vol3/iss2/art6 (202 words)

	Oligopsony and the Distribution of Wages
		This results in a model of labor market oligopsony where ``inside'' and ``outside'' forces interact, producing wage dispersion as well as a spike at the minimum wage.
		"Oligopsony and the distribution of wages," European Economic Review, Elsevier, vol.
		"Oligopsony and the Distribution of Wages," CIRJE F-Series CIRJE-F-42, CIRJE, Faculty of Economics, University of Tokyo.
	ideas.repec.org /p/wpa/wuwpla/9903003.html (700 words)

	OhioLINK ETD: Sperling, Richard
		While consumers have benefitted, more extensive vertical integration and higher industry concentration raise questions about the competitiveness of first-handler markets for slaughter hogs.
		In this study we estimate the market power of pork processing firms by adapting to the oligopsony case the New Empirical Industrial Organization (NEIO) model of Steen and Salvanes (1999).
		The results of our model provide no statistically or economically significant evidence that pork processing firms engaged in anticompetitive conduct during the period from 1988 to 2000.
	www.ohiolink.edu /etd/view.cgi?osu1024511205 (212 words)

	Grocery Retailer Behavior in the Procurement and Sale of Perishable Fresh Produce Commodities (Site not responding. Last check: 2007-10-18)
		A switching regression model is used to examine oligopsony power.
		Evidence suggests buyers are often able to exercise oligopsony power in procuring fresh produce commodities.
		Unilateral monopoly power granted by geographic and brand differentiation allows retailers to exercise market power over consumers, in the sense of marking up prices in excess of full marginal costs.
	www.ers.usda.gov /publications/CCR2 (161 words)

	EconPapers: Oligopsony and the Distribution of Wages (Site not responding. Last check: 2007-10-18)
		Working Paper: "Oligopsony and the Distribution of Wages" (1999)
		Journal Article: Oligopsony and the distribution of wages (2003)
		This item may be available elsewhere in EconPapers: Search for items with the same title.
	econpapers.repec.org /paper/wpawuwpla/9903003.htm (235 words)

	Oligopsony power with uniform spatial pricing: theory and application to milk processing in Spain -- Alvarez et al. 27 ...
		Oligopsony power with uniform spatial pricing: theory and application to milk processing in Spain -- Alvarez et al.
		Oligopsony power with uniform spatial pricing: theory and application to milk processing in Spain
		This study presents a conceptual and empirical analysis of buyer
	erae.oxfordjournals.org /cgi/content/abstract/27/3/347 (161 words)

	Other Limitations of the Competitive Framework
		This discussion involves other violations of the competitive market framework, however, the tools to deal with these problems are less highly developed because the implications of these problems are not as well understood.
		Defined: a market with few sellers (oligopoly) / a market with few buyers (oligopsony)
		Result: imperfect competition, prices might differ from the competitive equilibrium and result in inefficient allocations of inputs, goods or services
	www.clas.ufl.edu /users/rjohnson/Graduate_Policy_Analysis/OtherLimitations.html (507 words)

	EconPapers: Oligopsony, Institutions and the Efficiency of General Training (Site not responding. Last check: 2007-10-18)
		EconPapers: Oligopsony, Institutions and the Efficiency of General Training
		Keywords: training; oligopsony; unions; minimum wages (search for similar items in EconPapers)
		JEL-codes: E32 J23 J24 J54 (search for similar items in EconPapers)
	econpapers.repec.org /paper/izaizadps/dp618.htm (346 words)

	monopsani, aligopali, aligopsani (monopeani, aligopali i aligopeani) - Monopsony , Oligopoly, Oligopsony (Serbian to ...
		monopsani, aligopali, aligopsani (monopeani, aligopali i aligopeani) - Monopsony, Oligopoly, Oligopsony (Serbian to English translation glossary) Economics,
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	www.proz.com /kudoz/632537?&print=1 (389 words)

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