Month: November 2023

Monopsonies

Monopsonies

Monopsonies

11/03/23

“What are monopsonies and where do they occur?”

It seems that almost everyone knows what a monopoly is. When a single supplier controls the entire market, all sorts of economic extraction can ensue. But what happens in the opposite situation, when there is only one buyer in a market? Well, this becomes something that economists call a Monopsony. Buyers in monopsonies can use their special position to pull prices down to their liking. These can arise from geographic constraints, government regulations, and unique consumer demands. They also tend to have lower prices coming from wholesalers and flexibility in paid wages. 

Why Riparian Rights Need to be Considered During U.S. Water Rights Negotiations

Why Riparian Rights Need to be Considered During U.S. Water Rights Negotiations

Why Riparian Rights Need to be Considered During U.S. Water Rights Negotiations

11/01/23

“Why do riparian rights need to be considered during U.S. water rights negotiations?”

U.S. water rights negotiations can be incredibly complicated. Much of it comes down to the use of law. Something significant is that the water rights of property owners must be considered. This commonly comes in the form of riparian rights. This is Why Riparian Rights Need to be Considered During U.S. Water Rights Negotiations.