词汇 | bilateral-monopoly |
释义 | bilateral monopoly noun[ C ] ECONOMICS pluralbilateral monopolies a situation in which there is only one buyer and only one seller in a market: In a bilateral monopoly, the one supplier will look to charge a high price, and the lone buyer will want to pay the lowest possible price. Examples of bilateral monopolybilateral monopoly A bilateralmonopoly model is often used in situations where the switching costs of both sides are prohibitively high. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It can also show the difficulty of moving to an efficient outcome in the presence of bilateralmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. He also argued against the idea that the labor market consists of a bilateralmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. An example of a bilateralmonopoly would be when a labor union (a monopolist in the supply of labor) faces a single large employer in a factory town (a monopsonist). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. To that extent, the partners are locked in a bilateralmonopoly with each other. Social security funds are free to negotiate prices with public and private providers, introducing a notion of a bilateralmonopoly. You have bilateralmonopoly on the wages side and you have oligopoly on the goods side. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Together with bilateralmonopoly relationships established in the labour market this was the strongest, if not the sole, impulse to cost inflation. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The combination of oligopoly in the goods market and bilateralmonopoly in labour relations destroyed the basis of conventional economic analysis and rendered the results indeterminate. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The combination of oligopoly in the goods market and the bilateralmonopoly situation in the labour market destroyed the conventional economic analysis and rendered the results indeterminate. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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