Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I was going to tear your response apart, but I think your logic is actually very correct. This is especially true if the employer is a monopoly.

But let's say there are multiple employers competing for the superheroes, each with their own bad guys to hunt down... Then you can get paid more.



This has nothing to do with a monopsony. In a perfectly competitive market, wage == marginal product.

A monopsonistic situation can drive wages below the marginal product. A monopolistic situation (e.g., multiple school districts, 1 union) can drive it above the marginal product. What I described is simply the ideal situation.


Yes - but the reality in most large cities (where the problems are) is 1 union and 1 employer. Once you get to the suburbs, there is a lot more mobility amongst the teachers. If they don't like a school system, another is 5 miles away.


It highly depends on the metro area.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: