000			01891nam a22003257a 4500
001			sulb-eb0017488
003			BD-SySUS
005			20160405140658.0
008			100519s2010||||enk o ||1 0|eng|d
020			_a9780511778766 (ebook)
020			_z9780521762304 (hardback)
020			_z9780521746083 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP _dBD-SySUS.
050	0	0	_aKF1652 _b.B55 2010
082	0	0	_a343.73/0721 _222
100	1		_aBlair, Roger D., _eauthor.
245	1	0	_aMonopsony in Law and Economics / _cRoger D. Blair, Jeffrey L. Harrison.
246	3		_aMonopsony in Law & Economics
264		1	_aCambridge : _bCambridge University Press, _c2010.
300			_a1 online resource (264 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 04 Apr 2016).
520			_aMost readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
700	1		_aHarrison, Jeffrey L., _eauthor.
776	0	8	_iPrint version: _z9780521762304
856	4	0	_uhttp://dx.doi.org/10.1017/CBO9780511778766
942			_2Dewey Decimal Classification _ceBooks
999			_c38926 _d38926