Duopsony

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    An economic condition in which two buyers exert control over the market price of a commodity.

    "In this paper we will utilise a simple Hotelling-style duopsony model of the labour market to analyse the link between gender differences in mobility patterns, the gender pay gap, and Robinsonian discrimination."

Synonyms

All synonyms
monopsony

Example

More examples

"In this paper we will utilise a simple Hotelling-style duopsony model of the labour market to analyse the link between gender differences in mobility patterns, the gender pay gap, and Robinsonian discrimination."

Etymology

By analogy with monopsony based on Ancient Greek δύο (dúo, “two”) + ὀψωνία (opsōnía, “purchase”).

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.