Ep 238: The State of Indian Sport
The Seen and the Unseen - hosted by Amit Varma
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How to Get Past Monopsony?
The apeal proved a jugaro way out of the monopsony problem. If you were a cricket or you weren't only selling your talent to the basisere, you could sell talent separately to people like mby indians and royal challengers. So that's how the incentive suddenly worked in that new structure. You still had besisia, which is a monopoly, an a monopsony. And these inevitably become sort of rent seeking operations. But within it of the ipeal, where there is competition on all fronts, made the lives of so many indian cricketers much better.
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