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" ... This would haunt Topel throughout his direct and cross examination testimony. Every time he tried to explain an experiment to the judge where fighter compensation either wouldn’t change or increased in allegedly monopsonistic years versus early competitive years or post- versus pre-Strikeforce acquisition, the judge would interrupt and say something to the effect of, “You told me earlier that wages could increase with monopsony,” even though Topel’s earlier reference was to a demand surge. ... "
" ... effects of minimum wage changes to monopsonistic wage setting, we find no evidence that the ... "
" ... “Given the deep-seated, centuries-old, traditions in a profession dominated by men, it is not surprising that women continue to face significant barriers as professional jockeys,” state the researchers. “The institutional structure of the racing industry characterized by contractual apprenticeships and compensation tied directly to performance provide owners and trainers with monopsonistic market powers that allow for discretionary personnel actions not possible in more traditional employment settings.” ... "