TY - BOOK AU - Alderman, Brianna L. AU - Blair, Roger D. TI - Monosony in labor markets: Theory, evidence, and public policy SN - 9781009465250 PY - 2024/// CY - New York PB - Cambridge University Press N2 - The economics of monopsony power results in lower wages and other forms of compensation, as well as reduced employment. Wealth is transferred from workers to their employers. In addition, the employer's output is reduced, which leads to increased prices for consumers. Monopsony in Labor Markets demonstrates that elements of monopsony are pervasive and explores the available antitrust policy options. ER -