Berri, David J. - In: International journal of empirical economics 3 (2024) 2, pp. 2450007-1-2450007-22
Prior to the ABA coming into existence in 1967, the NBA enjoyed a monopsony in the market for professional basketball talent in the United States. One would predict that a monopsony would be able to exploit the talent employed. The arrival of the ABA, though, theoretically should have...
