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Essay (General) # 965 :: Monopsony in the Baseball Labor Market
An analysis of the baseball labor market, including the question of whether baseball athlete's salaries are too high, in respect to revenues earned by team owners.
Written in 2001; 750 words; 2 sources; $ 26.95
Paper Summary:
This paper analyses baseball's labor market with reference to the economic phenomenon of a monopsony. The question of whether baseball athletes salaries are too high is raised, in respect to revenues earned by team owners. Several economic issues are brought up, including: competitive markets, monopolies, supply and demand, etc.

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