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Abstract:

cover
CentrePiece article
More Sellers Than Buyers
Alan Manning
February 2003
Paper No' CEPCP142:
Full Paper (pdf)

CentrePiece 8 (1) Spring 2003

Alan Manning has been looking at the weaknesses of the classical model of market competition in explaining the behaviour of the labour market and argues that we should learn lessons from the monopsony model.

See also Alan Manning's book 'Monopsony in Motion: Imperfect Competition in Labor Markets', Princeton University Press, 2003