different between monopsonist vs monopsony

monopsonist

English

Etymology

monopsony +? -ist

Noun

monopsonist (plural monopsonists)

  1. A single buyer who dominates a market.

Antonyms

  • monopolist

monopsonist From the web:

  • what is monopsonistic exploitation
  • what is monopsonistic demand for labour
  • what is monopsonistic discrimination
  • what is monopsonistic market
  • what does monopsonistic mean
  • what is monopsonistic competition with example
  • what does monopsonist mean in economics
  • what is a monopsonistic competition


monopsony

English

Etymology

From Ancient Greek ????? (mónos, alone, solitary; singular, unique) + ?????? (ops?né?, to buy fish or victuals in general) + -y, modelled after monopoly. ?????? is from ???? (ópson, delicacies) + ??????? (?néomai, to buy, purchase). The English word was coined by British classics scholar Bertrand Hallward (1901–2003), and popularized by British economist Joan Robinson (1903–1983) in her book The Economics of Imperfect Competition (1933): see the quotation.

Pronunciation

  • (Received Pronunciation) IPA(key): /m??n?ps?ni/
  • (Received Pronunciation) IPA(key): /m??n?ps?ni/
  • Hyphenation: mon?op?so?ny

Noun

monopsony (plural monopsonies)

  1. (economics) A market situation in which there is only one buyer for a product. [from 1930s]
    Antonym: monopoly
    Coordinate terms: duopsony, oligopsony
  2. (economics) A buyer with disproportionate power.

Derived terms

  • monopsonic
  • monopsonist
  • monopsonistic
  • monopsonistically

Translations

Further reading

  • monopsony on Wikipedia.Wikipedia

monopsony From the web:

  • monopsony meaning
  • what is monopsony in economics
  • what is monopsony power
  • what is monopsony and its examples
  • what is monopsony competition
  • what causes monopsony
  • what is monopsony and oligopsony
  • what is monopsony in economics in hindi
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