Working Paper: NBER ID: w10577
Authors: Dennis W. Carlton
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.
Keywords: No keywords provided
JEL Codes: L0; L1; L4
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| barriers to entry (D43) | confusion in understanding industrial structure (L16) |
| confusion in understanding industrial structure (L16) | misleading regulatory agencies in antitrust cases (L49) |
| barriers to entry (D43) | market outcomes (P42) |
| competition vigor (L13) | barriers to entry (D43) |
| timing of market adjustments (G14) | barriers to entry (D43) |
| misunderstanding dynamics (C69) | incorrect conclusions about market power (D43) |
| high concentration in an industry (L19) | lack of competition (D41) |
| vigorous competition (L13) | lack of competition (D41) |