Bonanno, Alessandro; Lopez, Rigoberto A. - International Association of Agricultural Economists - IAAE - 2009
This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical...