duopsony
nounEtymology By analogy with monopsony based on Ancient Greek δύο (dúo, “two”) + ὀψωνία (opsōnía, “purchase”).
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.2009 October 1, Boris Hirsch, “THE GENDER PAY GAP UNDER DUOPSONY: JOAN ROBINSON MEETS HAROLD HOTELLING”, in Scottish Journal of Political Economy, volume 56, number 5, →DOI, pages 543-558:
- Derived terms
- duopsonist, duopsonistic, duopsonistically