Monopsony is the buyer-side counterpart to monopoly, a situation in which a single purchaser or payer dominates a … results; one example is the provision of indigent defense in criminal cases. Monopsony theory would predict all the problems … on. More disheartening is that monopsony theory would predict that these effects would be inevitable, regardless of the …

reveals that the partial equilibrium methodology cannot be relied upon in assessments of monopoly or monopsony whether … equilibrium effects of market power are considered, monopoly turns out to be a far more serious concern than monopsony … predatory or not. Our results show that issues in "buy-side" monopsony matters are not simply a mirror image of issues of "sell …

Census Bureau between 1997 and 2016, we find evidence of both monopoly and monopsony, where the former is rising over this … primary determinant: in 2016 monopoly accounts for 75% of wage stagnation, monopsony for 25%. … coexisting explanations based on rising market power: 1. Monopsony, where dominant firms exploit the limited mobility of their …