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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w11645 |
来源ID | Working Paper 11645 |
Barriers To Entry | |
Dennis W. Carlton | |
发表日期 | 2005-10-03 |
出版年 | 2005 |
语种 | 英语 |
摘要 | This paper analyzes the concept of barriers to entry. It explains that the concept is a static one and explores the inadequacy of the concept in a world with sunk costs, adjustment costs and uncertainty. The static concept addresses the question of whether profits are excessive. The more interesting and relevant question is how fast entry or exit will erode profits or losses and how do the bounds that entry and exit place on price vary with uncertainty and sunk cost. Intuition based on the static concept of barrier to entry can be misleading in many industries. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Antitrust |
URL | https://www.nber.org/papers/w11645 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569291 |
推荐引用方式 GB/T 7714 | Dennis W. Carlton. Barriers To Entry. 2005. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w11645.pdf(150KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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