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|
|Publication status:||published as Carlton, Dennis W. "Why Barriers To Entry Are Barriers To Understanding," American Economic Review, 2004, v94(2,May), 466-470.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
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- Demsetz, Harold, 1982.
"Barriers to Entry,"
American Economic Review,
American Economic Association, vol. 72(1), pages 47-57, March.
- Stigler, George J., 1983. "The Organization of Industry," University of Chicago Press Economics Books, University of Chicago Press, edition 0, number 9780226774329.
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