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Monopsony in Law and Economics
Engelsk Paperback
Monopsony in Law and Economics
Engelsk Paperback

387 kr
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Om denne bog
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.
Product detaljer
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
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