翻訳と辞書
Words near each other
・ Economic partnership agreement
・ Economic Partnership Agreements
・ Economic Party
・ Economic Party (Italy)
・ Economic Party (South West Africa)
・ Economic planning
・ Economic policy
・ Economic Policy (journal)
・ Economic Policy Institute
・ Economic policy of Barack Obama
・ Economic policy of Bill Clinton
・ Economic policy of the George W. Bush administration
・ Economic policy of the Harper government
・ Economic policy of the Hugo Chávez government
・ Economic policy of the Nicolás Maduro government
Economic power
・ Economic problem
・ Economic Problems of Socialism in the USSR
・ Economic production quantity
・ Economic Programs (United States)
・ Economic progressivism
・ Economic puzzle
・ Economic rationalism
・ Economic reconstruction
・ Economic Reconstruction Union
・ Economic recovery
・ Economic Recovery and Middle-Class Tax Relief Act of 2009
・ Economic Recovery Tax Act of 1981
・ Economic reform of Iraq
・ Economic reforms and recovery proposals regarding the Eurozone crisis


Dictionary Lists
翻訳と辞書 辞書検索 [ 開発暫定版 ]
スポンサード リンク

Economic power : ウィキペディア英語版
Economic power

Economic power can be divided into different categories-
*Market power is the ability of a firm to profitably raise the market price of a good or service over marginal cost
*
*Monopoly power is a strong form of market power - the ability to set prices or wages unilaterally. This is the opposite of the situation in a perfectly competitive market, in which supply and demand set prices.
*Purchasing power, i.e., the ability of any amount of money to buy goods and services. Those with more assets, or, more correctly, net worth, have more power of this sort. The greater the liquidity of one's assets, the greater one's purchasing power is.
*Bargaining power, i.e., the ability of players in a bargaining game to influence the outcome, which is the players sharing rule for something (a prize, a cake, access to resources). See e.g. Muthoo, Abhinay 1999: Bargaining theory with applications, Cambridge University Press. To be able to bargain prices ( toggle prices, or rewards etc... ). Also see definition of bargaining.
*Managerial power, i.e., the ability of managers to threaten their employees with firing or other penalties for not following orders or for not giving in satisfying reports. This exists if there is a ''cost of job loss'', especially due to the existence of unemployment and workers' lack of sufficient assets to survive without working for pay.
*Worker power, i.e., the ability of workers to threaten their managers with resignation for not providing satisfying working conditions. This exists if there is a ''cost of hiring'', especially due to the existence of low unemployment, recruiting costs, or training costs.
*Class power in Marxian political economy: under capitalism this refers to a situation where a minority (the capitalists) in society controls the means of production and thus is able to exploit the majority (the workers).
Information is also a form of economic power. In the case of two agents entering into a contract; if one agent knows that their deal with turn out significantly better, or worse, than the other suspects, then they are exercising a form of informational economic power (see information asymmetry).
==Further reading==

* Vatiero M. (2009), ''Understanding Power. A 'Law and Economics' Approach'', VDM Verlag. ISBN 978-3-639-20265-6 ()

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Economic power」の詳細全文を読む



スポンサード リンク
翻訳と辞書 : 翻訳のためのインターネットリソース

Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.