Oligopsony and Minimum Wages

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, profi...

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Autores:
Vallejo, Hernán
Tipo de recurso:
Work document
Fecha de publicación:
2021
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
eng
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/49603
Acceso en línea:
http://hdl.handle.net/1992/49603
Palabra clave:
Oligopsony
Collusion
Threat
Cournot
Stackelberg
Bertrand
Mark-down
Minimium wages
C72, J21, J38, J48
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
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spelling Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Vallejo, Hernáne6bd93a0-a1b2-49a6-bad0-d938142311244002021-03-26T14:28:21Z2021-03-26T14:28:21Z2021http://hdl.handle.net/1992/496031657-719110.57784/1992/49603instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/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, mark-down, price elasticity of supply and welfare. It also considers the impact of minimum wages, under the different conjectures analyzed.22 páginasengUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No. 13 Marzo de 2021https://ideas.repec.org/p/col/000089/019140.htmlOligopsony and Minimum WagesDocumento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPOligopsonyCollusionThreatCournotStackelbergBertrandMark-downMinimium wagesC72, J21, J38, J48Facultad de EconomíaPublicationORIGINALdcede2021-13.pdfdcede2021-13.pdfapplication/pdf8910587https://repositorio.uniandes.edu.co/bitstreams/98b22709-a847-4f6f-978e-5db5bffd4fbf/download2de409c4ee4dd47b92142a6be69a6409MD51TEXTdcede2021-13.pdf.txtdcede2021-13.pdf.txtExtracted texttext/plain23233https://repositorio.uniandes.edu.co/bitstreams/9358b322-83bb-4bf3-a020-c2b5a07e40a6/downloadcec1a27b66d89306128a6d9c49f8fc45MD54THUMBNAILdcede2021-13.pdf.jpgdcede2021-13.pdf.jpgIM Thumbnailimage/jpeg14760https://repositorio.uniandes.edu.co/bitstreams/d270decb-867f-42b2-ada7-22d64972ab28/download3040e4c976da865e0a25bf784113166fMD551992/49603oai:repositorio.uniandes.edu.co:1992/496032024-06-04 15:32:20.606http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co
dc.title.none.fl_str_mv Oligopsony and Minimum Wages
title Oligopsony and Minimum Wages
spellingShingle Oligopsony and Minimum Wages
Oligopsony
Collusion
Threat
Cournot
Stackelberg
Bertrand
Mark-down
Minimium wages
C72, J21, J38, J48
title_short Oligopsony and Minimum Wages
title_full Oligopsony and Minimum Wages
title_fullStr Oligopsony and Minimum Wages
title_full_unstemmed Oligopsony and Minimum Wages
title_sort Oligopsony and Minimum Wages
dc.creator.fl_str_mv Vallejo, Hernán
dc.contributor.author.none.fl_str_mv Vallejo, Hernán
dc.subject.keyword.none.fl_str_mv Oligopsony
Collusion
Threat
Cournot
Stackelberg
Bertrand
Mark-down
Minimium wages
topic Oligopsony
Collusion
Threat
Cournot
Stackelberg
Bertrand
Mark-down
Minimium wages
C72, J21, J38, J48
dc.subject.jel.none.fl_str_mv C72, J21, J38, J48
description 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, mark-down, price elasticity of supply and welfare. It also considers the impact of minimum wages, under the different conjectures analyzed.
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-03-26T14:28:21Z
dc.date.available.none.fl_str_mv 2021-03-26T14:28:21Z
dc.date.issued.none.fl_str_mv 2021
dc.type.spa.fl_str_mv Documento de trabajo
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dc.identifier.doi.none.fl_str_mv 10.57784/1992/49603
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dc.language.iso.none.fl_str_mv eng
language eng
dc.relation.ispartofseries.none.fl_str_mv Documentos CEDE No. 13 Marzo de 2021
dc.relation.repec.spa.fl_str_mv https://ideas.repec.org/p/col/000089/019140.html
dc.rights.uri.*.fl_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
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dc.format.extent.none.fl_str_mv 22 páginas
dc.publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
institution Universidad de los Andes
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