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What is a barrier to entry?

McAfee, R. Preston and Mialon, Hugo M. and Williams, Michael A. (2004) What is a barrier to entry? American Economic Review, 94 (2). pp. 461-465. ISSN 0002-8282. http://resolver.caltech.edu/CaltechAUTHORS:MCAaer04

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Abstract

The present article is an attempt to resolve the controversies concerning the concept of barriers to entry. We begin by contrasting the definitions of an entry barrier proposed in the economics literature. We then introduce a classification system to clear up the existing confusion, and we employ it to assess the nature of the barriers posed by scale economies and sunk costs.


Item Type:Article
Related URLs:
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http://dx.doi.org/10.1257/0002828041302235DOIUNSPECIFIED
Additional Information:Copyright © American Economic Association 2008. We thank Sue Mialon for valuable comments.
Record Number:CaltechAUTHORS:MCAaer04
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:MCAaer04
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:11284
Collection:CaltechAUTHORS
Deposited By: Lindsay Cleary
Deposited On:30 Jul 2008 16:37
Last Modified:26 Dec 2012 10:11

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