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Monopsony in Law and Economics

Af: Roger D. Blair, Jeffrey L. Harrison Engelsk Paperback

Monopsony in Law and Economics

Af: Roger D. Blair, Jeffrey L. Harrison Engelsk Paperback
Tjek vores konkurrenters priser
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.
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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.
Produktdetaljer
Sprog: Engelsk
Sider: 262
ISBN-13: 9780521746083
Indbinding: Paperback
Udgave:
ISBN-10: 0521746086
Udg. Dato: 6 sep 2010
Længde: 15mm
Bredde: 153mm
Højde: 226mm
Forlag: Cambridge University Press
Oplagsdato: 6 sep 2010
Forfatter(e) Roger D. Blair, Jeffrey L. Harrison


Kategori Konkurrenceret og antitrustlovgivning


ISBN-13 9780521746083


Sprog Engelsk


Indbinding Paperback


Sider 262


Udgave


Længde 15mm


Bredde 153mm


Højde 226mm


Udg. Dato 6 sep 2010


Oplagsdato 6 sep 2010


Forlag Cambridge University Press

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