Dan Finlay ๐ŸฆŠ pfp
Dan Finlay ๐ŸฆŠ
@danfinlay
Was trying to look up the opposite of monopoly, and gpt gave me monopsony, which is when there's only one buyer of a good instead of only one supplier, which is indeed an opposite on one dimension, but I meant more like "there's competition". Any better term? "Efficient market"?
7 replies
0 recast
7 reactions

Venkatesh Rao โ˜€๏ธ pfp
Venkatesh Rao โ˜€๏ธ
@vgr
Iโ€™ve heard perfect market
1 reply
0 recast
4 reactions

caspar pfp
caspar
@caspar
perfect competition is the economics term
0 reply
0 recast
1 reaction

maurelian  pfp
maurelian
@maurelian.eth
Commoditized?
0 reply
0 recast
2 reactions

แ Ž pfp
แ Ž
@m-j-r
monopsony sounds like a pure buyer's market-making, opposite monopoly's pure seller's market-making. maybe "perfect competition" works where every entity is subject to & incapable of influencing market-taking.
0 reply
0 recast
0 reaction

cqb pfp
cqb
@cqb
"competitive market" could also fit, probably
0 reply
0 recast
1 reaction

borodutch pfp
borodutch
@farcasteradmin.eth
polypoly obviously duh
0 reply
0 recast
1 reaction

Bethany - countessellis.eth๐ŸŽฉ pfp
Bethany - countessellis.eth๐ŸŽฉ
@ellis
Iโ€™d use โ€œdiversity of optionsโ€ or โ€œdiverse marketโ€ as opportunity of monopoly.
0 reply
0 recast
0 reaction