Why Barriers to Entry are Barriers to Understanding
This paper discusses and criticizes the usual definitions of barriers to entry. The failure of the concept of barrier to entry to incorporate a time dimension means that it is a concept that is in need of additional embellishment in order to be useful in a practical problem or for antitrust or regulatory proceedings.
|Date of creation:||Jun 2004|
|Date of revision:|
|Publication status:||published as Carlton, Dennis W. "Why Barriers To Entry Are Barriers To Understanding," American Economic Review, 2004, v94(2,May), 466-470.|
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- Harold Demsetz, 1981.
"Barriers to Entry,"
UCLA Economics Working Papers
192, UCLA Department of Economics.
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