Definitions for bargaining power
bar·gain·ing pow·er

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1. bargaining powernoun

   The ability to influence the setting of prices or wages, usually arising from some sort of monopoly or monopsony position -- or a non-equilibrium situation in the market.

2. bargaining powernoun

   The general concept of how much leverage or influence a bargainer has in the course of a negotiation.

WikipediaRate this definition:0.0 / 0 votes

1. Bargaining power

   Bargaining power is the relative ability of parties in an argumentative situation (such as bargaining, contract writing, or making an agreement) to exert influence over each other. If both parties are on an equal footing in a debate, then they will have equal bargaining power, such as in a perfectly competitive market, or between an evenly matched monopoly and monopsony. There are a number of fields where the concept of bargaining power has proven crucial to coherent analysis, including game theory, labour economics, collective bargaining arrangements, diplomatic negotiations, settlement of litigation, the price of insurance, and any negotiation in general.

WikidataRate this definition:0.0 / 0 votes

1. Bargaining power

   Bargaining power is the relative ability of parties in a situation to exert influence over each other. If both parties are on an equal footing in a debate, then they will have equal bargaining power, such as in a perfectly competitive market, or between an evenly matched monopoly and monopsony. There are a number of fields where the concept of bargaining power has proven crucial to coherent analysis: game theory, labour economics, collective bargaining arrangements, diplomatic negotiations, settlement of litigation, the price of insurance, and any negotiation in general. Bargaining power is often expressed as a ratio of a party's ability to influence the other participant, to the costs of not reaching an agreement to that party. BPA = / BPB = / If BPA is greater than BPB, then A has greater Bargaining Power than B, and the resulting agreement will tend to favor A. The reverse is expected if B has greater bargaining power instead. Here is a layman's terms example of one party displaying large amounts of bargaining power over the other:

How to pronounce bargaining power?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say bargaining power in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of bargaining power in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of bargaining power in Pythagorean Numerology is: 6

Examples of bargaining power in a Sentence

1. Timothy Ramey:

   A more consolidated industry has more bargaining power against its customers.

2. Oliver Herzfeld:

   This is going to be an enormously expensive thing for the network regardless of what they have to pay to settle with Roseanne and whatever guaranteed minimums they have to pay to the cast and crew that has bargaining power. This was an extremely successful reboot and they’re going to lose all the revenue that they were expecting to receive with this show, they’ll have to replace the time slot as well with a show that might not be as successful.

3. Jason Vaillancourt:

   Workers will be loath to relinquish the bargaining power they perceive to have gained over the past year.

4. Muhammad Shakeel:

   real politics is such a process of growth through which you gain the bargaining power...

5. Tarun Kataria:

   It's massively sub-optimal for the issuer since the bankers are not sufficiently incentivised to get the best possible price execution from global investors, in addition, it reduces the banks' bargaining power in private-sector deals.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Bargaining_Power
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Bargaining_Power
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=bargaining power