Now showing items 1-2 of 2

    • Sunk Costs and Antitrust Barriers to Entry 

      Schmalensee, Richard (2004-12-10)
      US antitrust policy takes as its objective consumer welfare, not total economic welfare. With that objective, Joe Bain's definition of entry barriers is more useful than George Stigler's or definitions ...
    • Sunk Costs and Antitrust Barriers to Entry 

      Schmalensee, Richard (2004-04-02)
      US antitrust policy takes as its objective consumer welfare, not total economic welfare. With that objective, Joe Bain's definition of entry barriers is more useful than George Stigler's or definitions based on economic ...