Download This PaperA Monopsony is Necessarily a Monopoly
14 Pages Posted: 25 May 2017 Last revised: 7 Aug 2017
Date Written: August 6, 2017
Abstract
I provide a simple proof that a monopsony must necessarily be a monopoly. This is in contrast to authors who have previously asserted that either no relation exists between monopsony and monopoly, or who have relied upon additional assumptions to make an inference about monopolisitic nature of a monopsony.
Keywords: monopsony, monopoly, company town, castes
JEL Classification: D42, D43, J42, L12
Suggested Citation: Suggested Citation
Navabi, Ash, A Monopsony is Necessarily a Monopoly (August 6, 2017). Available at SSRN: https://ssrn.com/abstract=2972793 or http://dx.doi.org/10.2139/ssrn.2972793
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