“Bilateral monopoly”的意思、由来-开放百科全书

词条

Bilateral monopoly

释义

Overview
Examples
See also
References

A bilateral monopoly is a market structure consisting of both a monopoly (a single seller) and a monopsony (a single buyer).^[1]

Overview

Bilateral monopoly situations are typically analyzed using the theory of Nash bargaining games, and market price and output will be determined by forces like bargaining power of both buyer and seller, with a final price settling in between the two sides' points of maximum profit.^[2] A bilateral monopoly model is often used in situations where the switching costs of both sides are prohibitively high.

Examples

One example occurs when a labor union (a monopolist in the supply of labor) faces a single large employer in a factory town (a monopsonist).
A peculiar example exists in the market for nuclear-powered aircraft carriers in the United States, where the buyer (the United States Navy) is the only one demanding the product, and there is only one seller (Huntington Ingalls Industries) by stipulation of the regulations promulgated by the buyer's parent organization (the United States Department of Defense, which has thus far not licensed any other firm to manufacture, overhaul, or decommission nuclear-powered aircraft carriers).
A typical or showpiece example of bilateral monopoly is a lignite (brown coal) mine and a lignite based power station. Since transport of lignite is not economical, the power station is located close to the mine. The mine is monopolistic in producing lignite, and as the only buyer the power station acts as a monopsony.

References

1. ^Mark Hirschey, Fundamentals of Managerial Economics, Cengage Learning, 2008, pp. 474
2. ^{{cite web|title=DEFINITION of 'Bilateral Monopoly'|url=http://www.investopedia.com/terms/b/bilateralmonopoly.asp|website=Investopedia|publisher=investopedia.com|accessdate=28 January 2016}}

1 : Monopoly (economics)

随便看

开放百科全书收录14589846条英语、德语、日语等多语种百科知识，基本涵盖了大多数领域的百科知识，是一部内容自由、开放的电子版国际百科全书。

Overview

Examples

See also

References