Femdom as and Economic Theory - Dommes and Monopoly vs. Oligopoly

Monpoloy Power

In a perfect world, a capitalist system functions under the theory of perfect competition.  The idea of perfect competition has a few underlying principles, but the basic outcome of this theoretical model is that both buyers and sellers are "price takers," and accept the prices determined by market equilibrium. 

As I have described in previous posts, the D/s relationship "market" is far from ideal.  If Dommes are sellers and subs are buyers, this system of imperfect competition closely resembles that of a monopoly, with Dommes holding an immense amount of market power.

A monopoly has several distinguishing characerstics:
-There is only one seller of a particular commodity.
-There are no close substitutes.
-Other parties are barred from entry into the market.

Dommes set the "price" and all subs have to concede.

As I had originally started to write this I found the last characteristic rather bothersome because there's really nothing preventing more women from becoming Dommes, so the "market" being this biased is a bit interesting.

Hypothetical: Evolving into an Oligopoly

Hypothetically speaking, if enough new Dommes appeared to shift the sub to Domme ratio from ~26:1 to something closer to say, 6:1, the behavior of the market would change a little.  While the market would still favor Dommes, the Dommes themselves would more closely resemble an oligopoly. 

To make things easier (and more realistic), I am working under the assumption that all subs do not grant equal utility to Dommes.  Subs that are more physically attractive, financially stable/successful, most loyal/obedient/capable in their submission, etc. will yield more utility to a Domme than typical or mediocre subs. 

While Dommes are still in the minority and are in control of the scarce resource, they must now consider the behavior of the other Dommes seeking subs in order to attract the subs yielding the highest utility.  Basically, they can still be in the position of power but they may have to be willing to make certain compromises to maximize their utility or the Dommes with the most favorable terms (read as: the most enjoyable kinky activities for the subs) will likely end up with the "best" subs.

It is, however, unlikely that the number of Dommes will quadruple any time soon so this probably won't be too significant of a threat.  I also find it rather interesting that Dommes can put themselves at a disadvantage by having more Dommes around.