Why Barriers to Entry are Barriers to Understanding

12 Pages Posted: 31 May 2011 Last revised: 27 Dec 2011

See all articles by Dennis W. Carlton

Dennis W. Carlton

University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)

Date Written: June 2004

Abstract

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.

Suggested Citation

Carlton, Dennis W., Why Barriers to Entry are Barriers to Understanding (June 2004). NBER Working Paper No. w10577. Available at SSRN: https://ssrn.com/abstract=1854829

Dennis W. Carlton (Contact Author)

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