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Conditions of Entry and the Emergence of Monopoly

In: Monopoly and Competition and their Regulation

Author

Listed:
  • Joe S. Bain

    (University of California)

Abstract

AN economist’s inquiry into the ‘forces making for and against monopoly ’ might reasonably involve a search for answers to the following questions with respect to enterprise economies: (1) What are the ‘ forces,’ whether tendencies of human behaviour or environmental circumstances, which favour or discourage the establishment and stable maintenance of monopoly? (2) Why and in what way do these ‘forces’ affect the prospect of monopoly, and is the character of any of them strategic to its emergence? (3) What is the relative importance of the various forces identified — both in a priori logic and in fact? (4) Are there strategic controllable forces affecting the emergence of monopoly, through the manipulation of which public authority can limit the extent of monopoly?

Suggested Citation

  • Joe S. Bain, 1954. "Conditions of Entry and the Emergence of Monopoly," International Economic Association Series, in: Edward H. Chamberlin (ed.), Monopoly and Competition and their Regulation, pages 215-241, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-08434-0_11
    DOI: 10.1007/978-1-349-08434-0_11
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    Cited by:

    1. Bo Becker & Victoria Ivashina, 2023. "Disruption and Credit Markets," Journal of Finance, American Finance Association, vol. 78(1), pages 105-139, February.
    2. Stefan Ulrich Radtke & Horst M. Schellhaaß, 2010. "Einfluss der Digitalisierung auf den Stellenwert von Senderechten als Kernressource von Fernsehsendern," Schmalenbach Journal of Business Research, Springer, vol. 62(5), pages 482-502, August.
    3. J. M. Applegate & Adam Lampert, 2021. "Firm size populations modeled through competition-colonization dynamics," Journal of Evolutionary Economics, Springer, vol. 31(1), pages 91-116, January.
    4. Shelby D. Hunt, 2011. "Developing successful theories in marketing: insights from resource-advantage theory," AMS Review, Springer;Academy of Marketing Science, vol. 1(2), pages 72-84, June.

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