Why Barriers to Entry are Barriers to Understanding

Carlton , Dennis W.

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Why Barriers to Entry are Barriers to Understanding

NBER Working Paper No. w10577

12 Pages Posted: 31 May 2011 Last revised: 27 Nov 2022

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: 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