Subjects
Barriers to Competition:
The Evolution of the Debate
Ana Rosado Cubero
Perspectives in Economic and Social History
978 1 85196 644 8: 234x156mm: £60.00/$99.00
978 1 85196 673 8
‘Barriers to entry’ as an economic concept was defined by Joe Bain in his 1956 book Barriers to New Competition. Bain’s analysis focused on the ways in which various industries functioned within the market: whether there were few or many firms in each industry, how labour-intensive/expensive they were, and whether or not there was collusion among existing firms to prevent the entry of new, competing ones.
This is the first book to focus on the different methods that economic science has employed in order to detect and measure barriers to entry. A chronological analysis is presented, as well as an in-depth look at the competing Harvard and Chicago Schools’ interpretations of this phenomenon.
Sample pages
Readership
Economics
Contents
Introduction
1 Imperfect Competition in Economic Theory before 1956
2 Barriers to Entry: the Late 1950s and the 1960s
3 The Harvard and Chicago Schools: Two Ways of Studying Barriers to Entry
4 Barriers to Entry in the 1970s
5 Barriers to Entry in the 1980s
6 Barriers to Entry: Current Analysis
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