Duopsony

Duopsony
An economic condition, similar to a duopoly, in which there are only two large buyers for a specific product or service. Members of a duopsony have great influence over sellers and can effectively lower market prices for their supplies.

Also known as "buyer's duopoly".

For example, a town only has two operating restaurants. As a result there are only two employment options for waiters and chefs. The restaurant can offer lower wages because the restaurants have less competition for finding employees. The chefs and waiters have no choice but to accept the low pay, unless they choose not to work. This shows that firms that are part of a duopsony have the power not only to lower the cost of supplies, but also to lower the price of labor.


Investment dictionary. . 2012.

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  • duopsony — /dooh op seuh nee, dyooh /, n., pl. duopsonies. the market condition that exists when there are only two buyers. Cf. monopsony, oligopsony. [DU(O) + opsony < Gk opsonía purchasing of food, equiv. to óps(on) viands + on(eîsthai) to buy + ia Y3] *… …   Universalium

  • duopsony — noun An economic condition in which a two number of buyers exert control over the market price of a commodity …   Wiktionary

  • duopsony — du·op·so·ny …   English syllables

  • duopsony — /djuˈɒpsəni/ (say dyooh opsuhnee) noun (plural duopsonies) a market situation where two rival buyers control the demand for a product or service. {duo + Greek opsōnia purchase of victuals, catering} …  

  • duopsony — psənē noun ( es) Etymology: duo + Greek opsōnia purchase of victuals, catering, from opsōnein to purchase victuals (from opson prepared food, relish) + ia y : a market situation in which two rival buyers hold the controlling power of determining… …   Useful english dictionary

  • Дуопсония — DUOPSONY Рынок, на котором действует много продавцов и только два покупателя. Ср.: Duopoly …   Словарь-справочник по экономике

  • oligopsony — ˌ ̷ ̷ ̷ ̷ˈgäpsənē noun ( es) Etymology: olig + Greek opsōnia purchase of victuals, catering more at duopsony : a market situation in which each of a limited number of buyers is strong enough to influence the market but not strong enough to ignore …   Useful english dictionary

  • Дуопсония — англ. duopsony ситуация на рынке, когда имеются только два покупателя идентичной продукции, предлагаемой многочисленными производителями. Словарь бизнес терминов. Академик.ру. 2001 …   Словарь бизнес-терминов

  • ДУОПСОНИЯ — (duopsony) Рынок, на котором присутствуют только два покупателя. Дуопсония является аналогом дуополии (означающей присутствие на рынке только двух продавцов), но со стороны спроса. Экономика. Толковый словарь. М.: ИНФРА М , Издательство Весь Мир …   Экономический словарь

  • Дуопсония — рынок, на котором выступают два покупателя идентичной продукции, предлагаемой многочисленными производителями. По английски: Duopsony См. также: Монопсония Финансовый словарь Финам …   Финансовый словарь

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