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Meaning of "monopsonistic" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF MONOPSONISTIC

monopsonistic  [məˌnɒpsəˈnɪstɪk] play
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GRAMMATICAL CATEGORY OF MONOPSONISTIC

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Monopsonistic is an adjective.
The adjective is the word that accompanies the noun to determine or qualify it.

WHAT DOES MONOPSONISTIC MEAN IN ENGLISH?

Monopsony

In economics, a monopsony (from Ancient Greek μόνος (mónos) "single" + ὀψωνία (opsōnía) "purchase") is a market form in which only one buyer interfaces with many sellers. The microeconomic theory of imperfect competition assumes the monopsonist can dictate terms to its suppliers, as the only purchaser of a good or service, much in the same manner that a monopolist is said to control the market for its buyers in a monopoly, in which only one seller faces many buyers. In addition to its use in microeconomic theory, monopsony and monopsonist are descriptive terms often used to describe a market where a single buyer substantially controls the market as the major purchaser of goods and services. Examples include the military industry, space industry, and the world diamond supply as once dominated by South Africa.

Definition of monopsonistic in the English dictionary

The definition of monopsonistic in the dictionary is of or relating to monopsonies.

WORDS THAT RHYME WITH MONOPSONISTIC


agonistic
ˌæɡəˈnɪstɪk
anachronistic
əˌnækrəˈnɪstɪk
antagonistic
ænˌtæɡəˈnɪstɪk
Calvinistic
ˌkælvɪˈnɪstɪk
chauvinistic
ˌʃəʊvɪˈnɪstɪk
communistic
ˌkɒmjʊˈnɪstɪk
deterministic
dɪˌtɜːmɪˈnɪstɪk
faunistic
ˌfɔːˈnɪstɪk
hedonistic
ˌhiːdəˈnɪstɪk
Hellenistic
ˌhɛlɪˈnɪstɪk
humanistic
ˌhjuːməˈnɪstɪk
impressionistic
ɪmˌprɛʃəˈnɪstɪk
mechanistic
ˌmɛkəˈnɪstɪk
misogynistic
ˌmɪsɒdʒɪˈnɪstɪk
modernistic
ˌmɒdəˈnɪstɪk
opportunistic
ˌɒpətjʊˈnɪstɪk
perfectionistic
pəˌfɛkʃəˈnɪstɪk
pianistic
ˌpiːəˈnɪstɪk
synchronistic
ˌsɪŋkrəˈnɪstɪk
urbanistic
ˌɜːbəˈnɪstɪk

WORDS THAT BEGIN LIKE MONOPSONISTIC

monopolistic
monopolistic competition
monopolistically
monopolization
monopolize
monopolizer
monopoly
Monopoly money
monoprionidian
monopropellant
monopsonies
monopsonist
monopsony
monoptera
monopteral
monopteroi
monopteron
monopteros
monoptote
monopulse

WORDS THAT END LIKE MONOPSONISTIC

artistic
autistic
ballistic
characteristic
domestic
futuristic
heuristic
holistic
journalistic
linguistic
logistic
minimalistic
optimistic
probabilistic
realistic
sadistic
simplistic
statistic
stylistic
synergistic
unrealistic

Synonyms and antonyms of monopsonistic in the English dictionary of synonyms

SYNONYMS

Translation of «monopsonistic» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF MONOPSONISTIC

Find out the translation of monopsonistic to 25 languages with our English multilingual translator.
The translations of monopsonistic from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «monopsonistic» in English.

Translator English - Chinese

买方垄断
1,325 millions of speakers

Translator English - Spanish

monopsonio
570 millions of speakers

English

monopsonistic
510 millions of speakers

Translator English - Hindi

monopsonistic
380 millions of speakers
ar

Translator English - Arabic

monopsonistic
280 millions of speakers

Translator English - Russian

monopsonistic
278 millions of speakers

Translator English - Portuguese

monopsonístico
270 millions of speakers

Translator English - Bengali

monopsonistic
260 millions of speakers

Translator English - French

monopsone
220 millions of speakers

Translator English - Malay

Monopsonistik
190 millions of speakers

Translator English - German

monopsonistischen
180 millions of speakers

Translator English - Japanese

monopsonistic
130 millions of speakers

Translator English - Korean

monopsonistic
85 millions of speakers

Translator English - Javanese

Monopsonistik
85 millions of speakers
vi

Translator English - Vietnamese

monopsonistic
80 millions of speakers

Translator English - Tamil

monopsonistic
75 millions of speakers

Translator English - Marathi

मोनोस्पोनिस्टिक
75 millions of speakers

Translator English - Turkish

monopsonistic
70 millions of speakers

Translator English - Italian

monopsonio
65 millions of speakers

Translator English - Polish

monopsonistic
50 millions of speakers

Translator English - Ukrainian

monopsonistic
40 millions of speakers

Translator English - Romanian

monopsoniste
30 millions of speakers
el

Translator English - Greek

μονοψωνίου
15 millions of speakers
af

Translator English - Afrikaans

monopsonistic
14 millions of speakers
sv

Translator English - Swedish

monopsonistisk
10 millions of speakers
no

Translator English - Norwegian

monopsonistic
5 millions of speakers

Trends of use of monopsonistic

TRENDS

TENDENCIES OF USE OF THE TERM «MONOPSONISTIC»

The term «monopsonistic» is used very little and occupies the 168.693 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
21
/100
The map shown above gives the frequency of use of the term «monopsonistic» in the different countries.
Principal search tendencies and common uses of monopsonistic
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «monopsonistic».

FREQUENCY OF USE OF THE TERM «MONOPSONISTIC» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «monopsonistic» during the past 500 years. Its implementation is based on analysing how often the term «monopsonistic» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about monopsonistic

EXAMPLES

10 ENGLISH BOOKS RELATING TO «MONOPSONISTIC»

Discover the use of monopsonistic in the following bibliographical selection. Books relating to monopsonistic and brief extracts from same to provide context of its use in English literature.
1
Monopsonistic Labour Markets and the Gender Pay Gap: Theory ...
This book investigates models of spatial and dynamic monopsony and their application to the persistent empirical regularity of the gender pay gap.
Boris Hirsch, 2010
2
Microeconomics
Monopsony restricts input demand by virtue of a monopsonistic position in the factor market, whereas monopoly restricts the level of output. The demand curve for a monopsony consists of a single point (Lm, %,,), whereas a monopolist's output ...
Prof. Satya R. Chakravarty, 2009
3
Microeconomics Theory And Applications
This is called monopsonistic exploitation of labour, which is sometimes addition to monopolistic exploitation. The extent of monopsonistic exploitation is the lower wages equal to ET. Comparison of monopolistic exploitation and monopsonistic ...
Ghai & Gupta, 2002
4
Microeconomics: Theory And Applications
20.20 Monopsonistic and Monopolistic Exploitation of Labour Let us now look at wage determination assuming that there is monopoly in the commodity market while labour market remains perfectly competitive and market demand curve for ...
D. N. Dwivedi, 2002
5
Microeconomics : Optimization, Experiments, and Behavior: ...
14.5 Monopsonistic Competition Monopsonistic competition has three defining characteristics: (1) numerous buyers compete for a good or service, (2) each buyer faces a positively sloped supply curve, and (3) buyers are free to enter and exit.
John P. Burkett Professor of Economics University of Rhode Island, 2006
6
The Chicago Tradition in Economics, 1892-1945
We shall denote these cases as monopsonistic underrestriction or overrestriction of demand, respectively. Thus monopolistic underrestriction and monopsonistic overrestriction perform the function of excess demand under perfect competition,  ...
Ross B. Emmett, 2002
7
Life and Death Under High Technology Medicine
A. monopsonistic. market: or. how. to. buy. and. sell. human. organs,. tissues. and . cells. ethically. CHARLES A. ERIN AND JOHN HARRIS Any system of commerce in human body parts and products presupposes that we hold property rights in ...
Ian Robinson, 1994
8
Income Distribution Theory
With the Pigou criterion, there entered into economic literature the distinction between monopolistic and monopsonistic forms of exploitation. Each form might affect any input, but monopsony is generally thought of as confined in practice to  ...
Martin Bronfenbrenner, 1971
9
Economics of Atmospheric Pollution
4.5 Noncooperative solution with monopsonistic emission abatement trade Section 4.4 ended with a pessimistic note because competitive abatement trading does not necessarily satisfy Voluntary Participation. However, if there is only one ...
Ekko Ierland, Kazimierz Górka, 1996
10
Rehabilitation of Say's Law, A
The adverse effects of monopsonistic abuse, if and when it occurs,“ will be to reduce profitable supplies—inputs and outputs—in the field from which the monopsonists purchase, even if competition is effective among the suppliers so that there ...
William Harold Hutt, 1974

10 NEWS ITEMS WHICH INCLUDE THE TERM «MONOPSONISTIC»

Find out what the national and international press are talking about and how the term monopsonistic is used in the context of the following news items.
1
Sporting vanities
First, cricket should be discounted as an outlier in world sports as much for its negligible participation as its monopsonistic and exclusivist ... «Business Standard, Jun 15»
2
Taiwan's health care system: The next 20 years
... wields near monopsonistic power as the single buyer of and payer for health care services including drugs vis a vis health care providers. «Brookings Institution, May 15»
3
Is minimum wage bad for poor?
Unlike large enterprises, they have little, if any, monopolistic power to control their selling prices, or monopsonistic power to dictate the wages ... «Inquirer.net, May 15»
4
No Empirical Evidence that Standard Essential Patents Hold-Up …
... bargaining position of a monopsonistic collection of manufacturers—especially given their abundant legal resources—is much stronger than ... «IPWatchdog.com, May 15»
5
Dabo Swinney: Offering cost of attendance scholarships 'a nightmare'
Says the guy who makes $3+ million per year while the players' compensation is artificially restricted by the NCAA's monopsonistic illegal ... «NBCSports.com, Apr 15»
6
Linking farming to market won't help
The market today is monopsonistic in the world. This market form prevails when the number of sellers is very large and the number of buyers is ... «Chandigarh Tribune, Mar 15»
7
European markets: In QE we trust
... given the restraints this would place on the size of the QE programme and the risk of the ECB becoming a monopsonistic holder of Greek, ... «FXStreet, Dec 14»
8
The True Meaning of the Class-Action Lawsuit Against the UFC
“Monopsony is the mirror reflection of monopoly except that in a monopsonistic market there exists only one buyer,” wrote Facey and Assaf in ... «Combat Press, Dec 14»
9
In Amazon-Publishers Debate, Weighing Menace With Metaphors
One side says Amazon has engaged in abusive monopolistic (or monopsonistic) behavior and should be regulated in some way; the other side ... «Digital Book World, Dec 14»
10
Foes want probe, but antitrust law favors Amazon
Lynn, in fact, wrote a cover story for Harper's magazine in 2006 calling for the breakup of Wal-Mart Stores, in part because of its monopsonistic ... «The Seattle Times, Oct 14»

REFERENCE
« EDUCALINGO. Monopsonistic [online]. Available <https://educalingo.com/en/dic-en/monopsonistic>. May 2024 ».
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