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"Explores the plight of workers subject to the abuse of dominant employers. It identifies the basic economic problems with monopsony in labor markets and explains the remedies currently available"-- Provided by publisher.
List of contents
1. Introduction; 2. The Economics of Monopsony; 3. Empirical Evidence of Monopsony in Labor Markets; 4. Antitrust Policy; 5. The Intended and Unintended Victims of Monopsony; 6. Collusion on Wages and Terms of Employment; 7. No Poaching Agreements; 8. Non-Compete Agreements; 9. Unions and Collective Bargaining; 10. Monopsony and Merger Policy; 11. Closing Thoughts.
About the author
Brianna L. Alderman is a Theodore H. Ashford Fellow at Harvard University. She is a Ph.D. student in the Department of Economics at Harvard University and currently holds bachelor's degrees in Economics, Mathematics, and Statistics from the University of Florida. Her current field interests include industrial organization, labor economics, and antitrust economics.Roger D. Blair is a Professor of Economics at the University of Florida. His research and teaching centers around antitrust economics. He has coauthored Monopsony in Law and Economics, Antitrust Policy in Health Care Markets, Antitrust Economics, and The Economics of Franchising. He has published over 200 articles in Economics journals and law reviews.
Summary
Explores the plight of workers subject to the abuse of dominant employers. It identifies the basic economic problems with monopsony in labor markets and explains the remedies currently available.
