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Oligopsony and Minimum Wages
El oligopsonio y los salarios mínimos
Oligopsônio e salário mínimo
Palabras clave:
oligopsony, collusion, threat, Cournot, Stackelberg, Bertrand, markdown, minimum wage (en)oligopsonio, colusión, amenaza, Cournot, Stackelberg, Bertrand, markdown, salario mínimo (es)
oligopsônio, conluio, ameaça, Cournot, Stackelberg, Bertrand, remarcação para baixo, salário mínimo (pt)
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This article presents a model of oligopsony. It considers different conjectural variations that cover the whole range between the extreme cases of monopsony and perfect competition, such as Collusion, Threat, Cournot, Stackelberg, and Bertrand, and compares them in terms of prices, quantities, profits, markdown, price elasticity of supply and welfare. It also considers the impact of minimum wages, under the different conjectures analyzed.
Este artículo presenta un modelo de oligopsonio. Considera diferentes variaciones conjeturales que cubren todo el rango entre los casos extremos de monopsonio y competencia perfecta, como colusión, amenaza, Cournot, Stackelberg y Bertrand, y las compara en términos de precios, cantidades, ganancias, markdown, elasticidad salario de la oferta y el bienestar. También considera el impacto de los salarios mínimos, bajo las diferentes conjeturas analizadas.
Este artigo apresenta um modelo de oligopsônio. Ele considera diferentes variações conjecturais que abrangem toda a faixa entre os casos extremos de monopsônio e concorrência perfeita, como conluio, ameaça, Cournot, Stackelberg e Bertrand, e as compara em termos de preços, quantidades, lucros, remarcação, elasticidade salarial da oferta e bem-estar. Também considera o impacto do salário mínimo, de acordo com as diferentes conjecturas analisadas.
Referencias
Alderman, B. L., & Blair, R. D. (2024). Monopsony in Labor Markets. Cambridge University Press.
Berger, D. W, Herkenhoff, K. F., & Mongey, S. (2022). Minimm Wages, Efficiency and Welfare [National Bureau of Economic Research Working Paper Series, No. 29662]. https://doi.org/10.3386/w29662
Bergman, M.A., & Brännlund, R. (1995). Measuring Oligopsony Power. Review of Industrial Organinzation, 10, 307–321. https://doi.org/10.1007/BF01027077
Bhaskar, V., Manning, A., & To, T. (2002). Oligopsony and Monopsonistic Competition in Labor Markets. Journal of Economic Perspectives, 16 (2), 155-174. https://doi.org/10.1257/0895330027300
Burdett, K., & Mortensen, D. T. (1998). Wage Differentials, Employer Size, and Unemployment. International Economic Review, 39(2), 257–273. https://doi.org/10.2307/2527292
Manning, A. (2003). Simple Models of Monopsony and Oligopsony. In A. Manning (Ed.), Monopsony in Motion: Imperfect Competition in Labor Markets (pp. 29-55). Princeton University Press.
Rogers, R.T., & Sexton, R. J. (1994). Assessing the Importance of Oligopsony Power in Agricultural Markets. American Journal of Agricultural Economics, 76(5), 1143-1150. https://doi.org/10.2307/1243407
The Organization for Economic Co-operation and Development (OECD). (1999). Buying Power of Multiproduct Retailers. Key findings, summary and notes [OECD Roundtables on Competition Policy Papers, No. 23]. https://doi.org/10.1787/3de06027-en
Varian, H. R. (2010). Intermediate Micreoconomics: A Modern Approach. Norton.
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Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-SinDerivadas 4.0.
Se autoriza la reproducción sin ánimo de lucro de los materiales, citando la fuente.
