Monopsony in Labor Markets: Theory, Evidence, and Public Policy by Brianna L. Alderman, Roger D. Blair
Monopsony in Labor Markets: Theory, Evidence, and Public Policy

Brianna L. Alderman, Roger D. Blair

Monopsony in Labor Markets: Theory, Evidence, and Public Policy

Brianna L. Alderman, Roger D. Blair

212 pages missing pub info (view editions)

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The economics of monopsony power results in lower wages and other forms of compensation, as well as reduced employment. Wealth is transferred from workers to their employers. In addition, the employer's output is reduced, which leads to increased ...

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