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Barriers to entry

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880:– Government regulations are rules having the force of law, prescribed by a superior or competent authority, relating to the actions of those under the authority's control. Licences, for example, may be required when entering a specific field, particularly in industries that are heavily protected by the government. As a result, the field is dominated by government-owned firms (e.g., energy), or existing players are protected in the market (e.g., Taxi service or TV). The regulations themselves may set the barriers for not letting others to enter a market, or requirements for licenses and permits may raise the level of investment required, creating an antitrust barrier to entry. However, sometimes government regulations may make entry easier, such as AIR-21 which requires airports to make facilities available to access by all carriers. 853:– Cost advantages raise the stakes in a market, which can deter and delay entrants into the market. Bulk buying offers buyers larger negotiating power to get the lowest price and they take advantage on that. This makes scale economies an antitrust barrier to entry, but they can also be ancillary. The per-unit cost will be lower in scale economies due to the spread of fixed costs to larger volumes, technology efficiencies and better supplier terms, therefore new entrants join the industry either on a large scale or at a cost disadvantage. Cost advantages can sometimes be quickly reversed by advances in technology. For example, the development of 783:- Many industries require the investment of large financial resources to start a new business, which deters new entrants. For example, new airlines require millions of dollars for purchasing planes, staff training etc. In addition, new entrants often experience serious difficulties in raising funds for unrecoverable expenses, such as advertising and R&D. In the pharmaceutical industry, for instance, companies may invest heavily in research in order to develop Covid vaccines, then end up with disappointing results and lose all of their investment. 892:. Here, established firms' use of advertising creates a consumer perceived difference in its brand from other brands to a degree that consumers see its brand as a slightly different product. Since the brand is seen as a slightly different product, products from existing or potential competitors cannot be perfectly substituted in place of the established firm's brand. This makes it hard for new competitors to gain consumer acceptance. It reflected by brand promoting and the increase of customer loyalties. 4126: 954:, require a large upfront investment in technology which will deter potential entrants. The existing firms in the market may also use efficient investments in research and development to increase technological economies of scale, and boost industry development, which work against entrants who lack the funding and resources to enter the market. However, critics also point out that entry barriers can reduce the efficiency of R&D because firms have no incentive to efficiently invest in innovation. 312: 77: 36: 237: 179: 874:– When a good or service has a value that increases on average for every additional customer, this exerts a similar antitrust and ancillary barrier to that of economies of scale. Customers are more willing to buy crucial products from larger companies than newcomers. It increases the difficulty of entering the industry or reduces the initial profit margins for new entrants. 826:– Smaller companies typically fund expansions out of retained profits so high tax rates hinder their growth and ability to compete with existing firms. Larger firms may be better able to avoid high taxes through either loopholes written into law favoring large companies or by using their larger tax accounting staffs to better avoid paying the higher taxes. 812:– At times, it may be difficult or expensive for customers to switch providers, especially if they have to retrain employees or modify internal information systems. Indeed, switching costs are often intentionally made high in order to discourage customers from changing suppliers and adopting the technological innovations provided by others. 1267:
firm will often have very high to absolute barriers to entry. The incumbent firm can obtain tremendous profits through a pure monopoly market, therefore there are very large incentives for the creation of strategic barriers, as they want to continue to earn excess profits in the short and long term.
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will typically see high barriers to entry, due to the size of the existing enterprises and the competitive advantages gained from that size. These competitive advantages could arise from economies of scale, but are also commonly associated with the excess capacity of capital held by incumbent firms,
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barrier to entry is a cost incurred by new entrants to a market that is caused by inherent industry conditions, such as upfront capital investment, economies of scale and network effects. For example, the cost to develop a factory and obtain the initial capital required for manufacturing can be seen
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can hinder entrants, who may be unable to set their prices as low as incumbents. As a result, industries with high barriers to entry often contain a monopoly or oligopoly with dominant power in terms of price. This dominance allows them to charge a higher price or, if other firms join the market, to
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The third barrier is capital requirements for the initial investment and running of a company. Companies often require a large amount of capital when starting to pay for fixed facilities but also produce their inventory and fund start-up losses. The magnitude of the barrier increases if the capital
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The second barrier to entry is the demand-side benefits of scale or network effects. According to Porters article, this arises when a buyer's willingness to pay for a company's product increases with the number of other buyers who also patronize the company. Essentially, through network effects the
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In 1994, Dennis Carlton and Jeffrey Perloff gave the definition, "anything that prevents an entrepreneur from instantaneously creating a new firm in a market." Carlton and Perloff then dismiss their own definition as impractical and instead use their own definition of a "long-term barrier to entry"
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The final barrier is restrictive government policy. Importantly, this barrier can either aid or hinder an entrant and even effect the other barriers. Restrictive government policies can block entrance through licensing requirements and restrictions on foreign investments. A clear example these may
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in 2008 stated that new entrants to an industry have the desire to gain market share, and often substantial resources. The seriousness of the threat of entry depends on the barriers present and on the reaction from existing competitors. Michael Porter's article shows 6 main sources of barriers to
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can allow for medium barriers to entry. Because the enterprises can earn their short-term revenue through innovation and marketing new products to push the price higher than average costs and marginal costs, barriers to entry can be made higher. However, due to the low cost of the information in
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The fifth barrier is the unequal access to distribution channels between the incumbents and the entrants. Most companies require some type of distribution channel for the transport of their product. In the case where entrants cannot bypass this barrier, they end up forming their own distribution
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The first barrier to entry found in the article is the supply-side economies of scale. These scales arise when incumbents produce larger volumes of their product for a lower total cost. This can occur if they spread their fixed costs over more units, utilize a more efficient technology or are on
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The fourth barrier is incumbency advantages independent of size. For the incumbent, this barrier theoretically gives them a cost and quality advantage over the entrants. Specifically, these are often regarding proprietary technology, preferential access to raw materials, favourable geographic
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used the definition "an advantage of established sellers in an industry over potential entrant sellers, which is reflected in the extent to which established sellers can persistently raise their prices above competitive levels without attracting new firms to enter the industry." McAfee et al.
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An entrant may reconsider entering an industry or choose a new one altogether if incumbents have displayed conscious reactions to entrants in the past. Another discouraging indication for an entrant is if the incumbent is in possession of substantial resources to respond to an entrant. These
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defined an entry barrier as "A cost of producing that must be borne by a firm which seeks to enter an industry but is not borne by firms already in the industry." McAfee et al. criticized the phrase "is not borne" as being confusing and incomplete by implying that only current costs need be
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can make it difficult for other manufacturers to enter an industry. This is a particular problem if, prior to entry, the other firms in the market use intensive distribution strategies in order to restrict the access of potential entrants to distributors. In response, if access to existing
987:– Predatory pricing is the practice of selling at a loss to make competition more difficult for new firms that cannot bear such losses as easily as a large dominant firm with large lines of credit or cash reserves. Illegal in most places, predatory pricing, however, is difficult to prove. 776:
may represent a kind of entry barrier for a particular product or service if the market is dominated by one or a few well-known names. Incumbent firms may have an exclusive right to use the brand name, making it expensive or impossible for new entrants to license rights to
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locations, established brand identities and even cumulative experience. This barrier more specifically outlines the favourable traits incumbents adopt over-time due to their established place in the industry, making it unavoidable for entrants in certain industries.
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barrier to entry is a cost incurred by new entrants that is artificially created or enhanced by existing firms. This could take the form of exclusive contracts, whether supply or demand-side, or through price manipulation in non-competitive markets.
926:– Incumbents often have advantages over newcomers, including proprietary technology, know-how, favorable access to raw materials, favorable geographic locations, established brand reputation and learning curve cost advantages. It is reflected by 843:
The following examples are sometimes cited as barriers to entry, but don't fit all the commonly cited definitions of a barrier to entry. Many of these fit the definition of antitrust barriers to entry or ancillary economic barriers to entry.
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that incumbents do not have or have not had to incur. Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing
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features zero barriers to entry. Under perfect competition firms are unable to control prices, and produce similar or identical goods. This means that firms cannot operate strategic barriers to entry. Perfect competition implies no
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resources generally consist of excess cash and unused borrowing power. This may also allow for incumbents to lower prices to either keep their market share or lower their excess capacity, another discouraging sign for an entrant.
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defined above, as it can delay entry into a market but does not result in any cost-advantage to incumbents in the market. All economic barriers to entry are antitrust barriers to entry, but the converse is not true.
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include the alcohol and taxi industries. Policies can heighten other entry barriers through patenting laws on technologies and even environmental and safety regulations that raise economies of scale for entrants.
888:– Incumbent firms can seek to make it difficult for new competitors by spending heavily on advertising that new firms would find more difficult to afford or unable to staff and or undertake. This is known as the 719:
channel. The problem for entrants is that the more limited the wholesale and retail channels are, the more competitors have tied them up and consequently the more difficult entry into the industry will be.
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Furthermore, a potential new market entrant's expectations about the reaction of the existing competitors within the industry will also be a contributing factor on their decision to enter the market.
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In 1981, Baumol and Willig gave the definition "An entry barrier is anything that requires an expenditure by a new entrant into an industry, but that imposes no equivalent cost upon an incumbent"
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buyers may trust the larger companies more than smaller ones. This barrier discourages the entrant due to incumbent's embedded data and the structural adjustment programs made internally.
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distribution channels is too difficult, new entrants may create their own. For example, new low-cost airlines often encourage passengers to book online instead of through travel agents.
1506: 962:– Large incumbent firms may have existing customers loyal to established products. As a result, the presence of established strong brands within a market can be a barrier to entry. 622:
Various conflicting definitions of "barrier to entry" have been put forth since the 1950s. This has caused there to be no clear consensus on which definition should be used.
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is a barrier to entry to the political competition. One dataset with barriers to entry to the political competition by country is the "Barriers to parties" indicator in
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Sigman, Rachel, and Staffan I. Lindberg. "Neopatrimonialism and democracy: An empirical investigation of Africa's political regimes." V-Dem Working Paper 56 (2017).
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Snider, Connan; Williams, Jonathan W. (2015-12-01). "Barriers to Entry in the Airline Industry: A Multidimensional Regression-Discontinuity Analysis of AIR-21".
789:– Established policies may protect existing players and restrict entry. For instance, air transport agreements may make it difficult for new airlines to obtain 3269: 1886:
Cullmann, Astrid; Schmidt-Ehmcke, Jens; Zloczysti, Petra (January 2012). "R&D efficiency and barriers to entry: a two stage semi-parametric DEA approach".
1072:- Seller concentration can have a major effect on new entrants, making it difficult for them to enter the market, contributing further to seller concentration. 648:
gave the definition "anything that prevents entry when entry is socially beneficial." McAfee et al. criticized this along the same lines as Bain's definition.
906:, which can increase the strength of barriers to entry. Sunk costs may also lead to monopoly profits, improper resource allocation and low efficiency. For 1768:
Baker, Matthew C.; Stratmann, Thomas (October 2021). "Barriers to entry in the healthcare markets: Winners and Losers from certificate-of-need laws".
979:– One strategy to penetrate a market is to sell at a lower price than the incumbents. This, however, is ineffective with price-insensitive consumers. 676:
is "a cost that delays entry and thereby reduces social welfare relative to immediate but equally costly entry". This contrasts with the concept of
756:– A potential entrant requires access to production technology as efficient as that of the combatant monopolist in order to freely enter a market. 1967: 200: 4885: 1252:
is a market featuring solely two firms. Competition in a duopoly can vary due to what is being set in the market: price or quantity (see
971:– If a single firm has control of a resource essential for a certain industry, then other firms may be unable to compete in the industry. 3107: 3085: 1494: 606:. Barriers of entry also have an importance in industries. First of all it is important to identify that some exist naturally, such as 4011: 552: 3855: 3417: 2537: 1103:- An ability to access strategic raw materials provides advantages for the accessing companies, such as an absolute cost advantage. 4946: 834:– Government allows certain economic activity in specified land areas but excludes others, allowing monopoly over the land needed. 614:
laws, protecting the public. In other cases it can also be due to inherent scarcity of public resources needed to enter a market.
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is a cost that does not constitute a barrier to entry by itself, but reinforces other barriers to entry if they are present.
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In 2011, Wheelen and Hunger gave the definition "an obstruction that makes it difficult for a company to enter an industry".
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Markets with high exit barriers are unstable and not self-regulated, so the profit margins fluctuate very much over time.
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which allows them to engage in temporarily loss-inducing behaviour to force any potential competitor out of the market.
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Markets with a low exit barrier are stable and self-regulated, so the profit margins do not fluctuate much over time.
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McAfee, Mialon, and Williams list seven common definitions in economic literature in chronological order including:
4134: 1058:- Technological change, often seen in high technology sectors, can have a tremendous impact on economies of scale. 127: 17: 633:
criticized this as being tautological by putting the "consequences of the definition into the definition itself."
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monopolistic competition, the barrier of entry is lower than in oligopolies or monopolies as new entrants come.
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in equipment, building, and raw materials may represent ancillary barriers, particularly in the case of
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Tullock, Gordon. "Entry barriers in politics." The American Economic Review 55.1/2 (1965): 458-466.
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that states a Knowledge editor's personal feelings or presents an original argument about a topic.
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Lieberman, Marvin (June 1987). "Excess Capacity as a Barrier to Entry: An Empirical Appraisal".
2031:"Some Efficiency Aspects of Monopolistic Competition: Innovation, Variety and Transaction Costs" 1649: 1230:; this means that structural barriers to entry are also not possible under perfect competition. 1033:, customer loyalties or product differentiation which can enable them to be first in the market. 4936: 4734: 4360: 4280: 4195: 3950: 3902: 3872: 3709: 3677: 3667: 3484: 3469: 3449: 3331: 3102: 3097: 2377: 1888: 1002: 927: 438: 134: 55: 4926: 4835: 4825: 4531: 4325: 3892: 3887: 3825: 3770: 3719: 3341: 2877: 2850: 2522: 2450: 1321: 752: 711:
is required for unrecoverable expenditure such as advertising and research and development.
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that must be incurred by a new entrant, regardless of production or sales activities, into a
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use their market power and cash flow to lower prices, beating out the new competition.
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technology which was once extremely expensive and only available to large corporations.
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The higher the barriers to entry and exit, the more prone a market tends to be a
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Markets with low entry barriers have many players and thus low profit margins.
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Boland, Michael A.; Crespi, John M.; Silva, Jena; Xia, Tian (April 2012).
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In the context of international trade, such practices are often called
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is a cost that constitutes an economic barrier to entry on its own. An
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McAfee, R. Preston; Mialon, Hugo M.; Williams, Michael A. (May 2004).
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which is defined very closely to the definition in the introduction.
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limits on the number of people who can enter a certain profession.
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These barriers can take several forms, including cost advantage,
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Markets with high entry barriers have few players and thus high
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industries, entrants will also need much more financial capital.
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progress by guaranteeing proceeds as an incentive. Similarly,
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policy. Barriers to entry often cause or aid the existence of
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Theoretical and Practical Research in Economic Fields (TPREF)
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personal reflection, personal essay, or argumentative essay
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Low barrier to entry and high exit barrier (for example,
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High barrier to entry and low exit barrier (for example,
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Low barrier to entry and low exit barrier (for example,
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List of countries by rate of fatal workplace accidents
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Organisation for Economic Co-operation and Development
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David (2011). 1527: 1092:Incumbent's expected reaction to market entry 689: 546: 1965: 1555: 4210: 1457: 1455: 1453: 857:has allowed small companies to make use of 64:Learn how and when to remove these messages 4203: 4189: 2288: 2274: 2200:Dilek, Serkan; Top, Seyfi (October 2012). 1556:Shy, Oz; Stenbacka, Rune (December 2005). 924:Incumbency advantages independent of scale 553: 539: 4012:Comprehensive Employment and Training Act 2223: 2207:Procedia - Social and Behavioral Sciences 2077: 2013: 514:Enforcement authorities and organizations 288:Learn how and when to remove this message 219:Learn how and when to remove this message 161:Learn how and when to remove this message 3856:Job losses caused by the Great Recession 2538:Simultaneous recruiting of new graduates 2199: 2028: 1855:"The Market Power Theory of Advertising" 1848: 1846: 1844: 1842: 1531:Strategic Management and Business Policy 1492: 1450: 4037:Credentialism and educational inflation 1922: 1852: 1650:"How Competitive Forces Shape Strategy" 1559:Entry Barriers and Antitrust Objectives 1276:Barriers to entry in non-economic areas 1248:The distinguishing characteristic of a 838: 14: 4980: 4932:English historical school of economics 4886:Structure–conduct–performance paradigm 3908:List of countries by unemployment rate 1805:The Review of Economics and Statistics 1643: 1598: 1168:These markets combine the attributes: 4184: 2269: 2251: 2157: 2116: 1839: 1493:Lazaroff, Daniel E. (December 2006). 1428: 1402: 2806:Practice-based professional learning 1594: 1592: 1590: 1588: 1586: 1584: 1582: 1580: 1461: 703:better terms with their suppliers. 230: 172: 99:adding citations to reliable sources 70: 29: 3354:Workers' right to access the toilet 1966:Curtis, Doug; Irvine, Ian (2020) . 1509:from the original on March 29, 2016 1200: 1056:Technology and technological change 24: 1390:California Institute of Technology 1210:as a structural barrier to entry. 890:market power theory of advertising 735:Primary Economic Barriers to entry 310: 25: 5004: 1577: 1465:Competition and Barriers to Entry 1429:Hayes, Adam (December 30, 2022). 1078:- Typically in highly profitable 522:International Competition Network 45:This article has multiple issues. 4125: 4124: 3418:Corporate collapses and scandals 1770:Socio-Economic Planning Sciences 1537:. Pearson Education. p. 111 1403:Boyce, Paul (October 25, 2022). 235: 177: 75: 34: 2240: 2044:(24). ASERS Publishing: 82–88. 2022: 1989: 1879: 1796: 1761: 1119:High barrier to entry and high 86:needs additional citations for 53:or discuss these issues on the 4952:Historical school of economics 3918:Employment-to-population ratio 3290:Occupational health psychology 2295: 2158:Dixit, Avinash (Spring 1979). 1637: 1549: 1521: 1486: 1422: 1405:"Barriers to Entry Definition" 1396: 872:/Demand-side benefits of scale 617: 527:List of competition regulators 250:format but may read better as 13: 1: 4006:Works Progress Administration 3898:Unemployment Convention, 1919 3310:Personal protective equipment 2863:Occupational Outlook Handbook 2225:10.1016/j.sbspro.2012.09.1055 2164:The Bell Journal of Economics 1499:UC Davis Business Law Journal 1462:West, Jeremy (January 2007). 1358:"What Is a Barrier to Entry?" 1327: 4896:Theory of two-level planning 4391:New institutional economists 4087:Psychopathy in the workplace 3260:Human factors and ergonomics 1969:Principles of Microeconomics 1929:Journal of Political Economy 7: 4376:Edward Lawrence Wheelwright 4072:Narcissism in the workplace 3285:Occupational exposure limit 2050:10.14505/tpref.v12.2(24).02 1295: 1108:Classification and examples 684: 10: 5009: 4988:Anti-competitive practices 4871:Penalty of taking the lead 4001:Civil Works Administration 3883:Technological unemployment 3359:Workplace health promotion 2816:Professional certification 2513:Personality–job fit theory 1782:10.1016/j.seps.2020.101007 1317:Strategic entry deterrence 1302:Anti-competitive practices 690:Porter's Barriers to Entry 674:antitrust barrier to entry 667:ancillary barrier to entry 394:Anti-competitive practices 360:Herfindahl–Hirschman index 329:History of competition law 4914: 4778: 4695: 4462: 4389: 4218: 4120: 4019: 3981:Guaranteed minimum income 3938: 3779: 3653: 3566:Organizational commitment 3518: 3410: 3377: 3240: 3165: 3042: 2969: 2903: 2690: 2612: 2556: 2406: 2303: 2117:Ayres, Ian (March 1987). 2029:Todorova, Tamara (2021). 1312:Starting a Business Index 950:– Some products, such as 678:economic barrier to entry 579:economic barrier to entry 4967:Post-Keynesian economics 4947:French historical school 4219:Institutional economists 4150:Aspects of organizations 3831:Involuntary unemployment 3392:Equal pay for equal work 3315:Repetitive strain injury 2821:Professional development 2811:Professional association 2493:Letter of recommendation 1379:10.1257/0002828041302235 1366:American Economic Review 1234:Monopolistic competition 1080:oligopolistic industries 947:Research and development 663:primary barrier to entry 4942:Evolutionary psychology 4806:Conspicuous consumption 4212:Institutional economics 4135:Aspects of corporations 4097:Slow movement (culture) 3976:Employer of last resort 3878:Structural unemployment 3816:Frictional unemployment 3255:Epilepsy and employment 3142:Performance-related pay 3076:National average salary 2994:996 working hour system 2015:10.22004/ag.econ.122308 1656:Harvard Business Review 1611:Harvard Business Review 1290:V-Dem Democracy indices 1100:strategic raw materials 1022:Product differentiation 694:An article produced by 259:converting this article 4937:Evolutionary economics 4779:Key concepts and ideas 4735:Donald Angus MacKenzie 4361:George W. Stocking Sr. 4281:John Kenneth Galbraith 4145:Aspects of occupations 3951:Unemployment insurance 3903:Unemployment extension 3873:Reserve army of labour 3678:Constructive dismissal 3485:Sleeping while on duty 3450:Exploitation of labour 3332:Sick building syndrome 2508:Person–environment fit 2378:Independent contractor 1889:Oxford Economic Papers 1853:Moffatt, Mike (2005). 1573:– via ozshy.com. 1003:Occupational licensing 928:learning curve effects 878:Government regulations 741:Distributor agreements 439:Occupational licensing 315: 199:by rewriting it in an 4927:Development economics 4836:Hiding hand principle 4826:Effective competition 4697:Economic sociologists 4464:Behavioral economists 4326:Wesley Clair Mitchell 4155:Aspects of workplaces 3893:Unemployment benefits 3888:Types of unemployment 3826:Graduate unemployment 3720:Letter of resignation 3349:Workers' compensation 3342:Occupational fatality 2851:Vocational university 2451:Employment counsellor 1322:Zero-profit condition 1037:Number of competitors 787:Restrictive practices 753:Intellectual property 314: 4993:Monopoly (economics) 4856:Market concentration 4821:Countervailing power 4627:Sendhil Mullainathan 4454:Oliver E. Williamson 4286:Walton Hale Hamilton 4231:Clarence Edwin Ayres 3961:Job creation program 3737:Mandatory retirement 3690:Employee offboarding 3510:Workplace incivility 3505:Workplace harassment 3280:Occupational disease 3275:Occupational burnout 3190:Disability insurance 3034:Workweek and weekend 2841:Vocational education 2756:Continuing education 2594:Permanent employment 1817:10.1162/REST_a_00455 1725:Journal of Marketing 1647:(March–April 1979). 1471:(Technical report). 1258:Bertrand competition 1069:Seller concentration 1062:Market concentration 939:Vertical integration 839:Contentious examples 781:Capital requirements 699:entry for entrants: 602:, or give companies 482:Occupational closure 477:Dividing territories 465:Essential facilities 365:Market concentration 95:improve this article 4906:Veblenian dichotomy 4816:Conventional wisdom 4811:Conspicuous leisure 4801:Bounded rationality 4791:Administered prices 4612:Brigitte C. Madrian 4414:Steven N. S. Cheung 4296:Albert O. Hirschman 4291:Orris C. Herfindahl 3866:Recession-proof job 3861:Lists of recessions 3799:Economic depression 3747:Retirement planning 3628:Work–life interface 3465:Employee monitoring 3433:Corporate behaviour 3423:Accounting scandals 3305:Occupational stress 3295:Occupational injury 2831:Reflective practice 2826:Professional school 2548:Work-at-home scheme 2468:Induction programme 2446:Employment contract 2426:Business networking 2124:Columbia Law Review 1286:electoral threshold 1254:Cournot competition 1223:perfect competition 1195:perfect competition 1162:electronic commerce 1005:– Examples include 801:Supplier agreements 612:consumer protection 110:"Barriers to entry" 4922:Cultural economics 4786:Accelerator effect 4602:George Loewenstein 4542:Catherine C. Eckel 4261:John Maurice Clark 4226:Werner Abelshauser 4129:See also templates 3966:Job creation index 3930:Youth unemployment 3794:Discouraged worker 3683:Wrongful dismissal 3663:At-will employment 3536:Civil conscription 3500:Workplace bullying 3387:Affirmative action 3369:Workplace wellness 3300:Occupational noise 2941:Long service leave 2801:Overspecialization 2781:Induction training 2736:Career development 1902:10.1093/oep/gpr015 1645:Porter, Michael E. 1600:Porter, Michael E. 1565:(Technical report) 1228:economies of scale 1125:telecommunications 932:economies of scale 855:personal computers 850:Economies of scale 809:Switching barriers 646:Franklin M. Fisher 501:Regulatory capture 316: 261:, if appropriate. 201:encyclopedic style 188:is written like a 4975: 4974: 4796:Barriers to entry 4662:Robert J. Shiller 4622:Matteo Motterlini 4366:Lars PĂĄlsson Syll 4178: 4177: 4077:Post-work society 4057:Kiss up kick down 3789:Barriers to entry 3754:Severance package 3586:Human trafficking 3480:Sexual harassment 3460:Employee handbook 3379:Equal opportunity 3242:Safety and health 3232:Take-home vehicle 2846:Vocational school 2796:Lifelong learning 2771:Further education 2731:Career counseling 2726:Career assessment 2503:Overqualification 1733:Sage Publications 1307:Exclusive dealing 1282:political parties 1076:Divisionalization 1049:price competition 984:Predatory pricing 908:capital-intensive 563: 562: 492:Misuse of patents 487:Predatory pricing 472:Exclusive dealing 355:Barriers to entry 343:Coercive monopoly 298: 297: 290: 280: 279: 229: 228: 221: 171: 170: 163: 145: 68: 16:(Redirected from 5000: 4881:Shortage economy 4866:Market structure 4831:Herfindahl index 4755:Laurent ThĂ©venot 4750:Richard Swedberg 4745:Lynette Spillman 4730:Mark Granovetter 4715:James S. Coleman 4687:Georg Weizsäcker 4682:Robert W. Vishny 4647:Klaus M. Schmidt 4597:Jeffrey R. Kling 4492:Douglas Bernheim 4381:Erich Zimmermann 4371:Thorstein Veblen 4351:Herbert A. Simon 4346:François Simiand 4321:Jesse W. Markham 4301:Geoffrey Hodgson 4241:Shimshon Bichler 4205: 4198: 4191: 4182: 4181: 4165:Critique of work 4160:Corporate titles 4128: 4127: 4047:Evil corporation 3913:Employment rates 3836:Jobless recovery 3804:Great Depression 3764:Golden parachute 3759:Golden handshake 3556:Job satisfaction 3546:Critique of work 3364:Workplace phobia 3195:Health insurance 3152:Wage compression 3120:Progressive wage 2979:35-hour workweek 2946:No call, no show 2936:Leave of absence 2786:Knowledge worker 2714:Master craftsman 2518:Personality hire 2456:Executive search 2436:Curriculum vitae 2421:Background check 2290: 2283: 2276: 2267: 2266: 2260: 2255: 2249: 2244: 2238: 2237: 2227: 2197: 2188: 2187: 2155: 2149: 2148: 2114: 2108: 2107: 2075: 2069: 2068: 2066: 2064: 2035: 2026: 2020: 2019: 2017: 1993: 1987: 1986: 1984: 1983: 1974: 1963: 1954: 1953: 1920: 1914: 1913: 1883: 1877: 1876: 1874: 1872: 1867:on April 5, 2008 1863:. Archived from 1850: 1837: 1836: 1811:(5): 1002–1022. 1800: 1794: 1793: 1765: 1759: 1758: 1756: 1755: 1716: 1673: 1672: 1670: 1668: 1652: 1641: 1635: 1634: 1632: 1630: 1607: 1602:(January 2008). 1596: 1575: 1574: 1572: 1570: 1564: 1553: 1547: 1546: 1544: 1542: 1536: 1525: 1519: 1518: 1516: 1514: 1490: 1484: 1483: 1481: 1479: 1470: 1459: 1448: 1447: 1445: 1443: 1426: 1420: 1419: 1417: 1415: 1400: 1394: 1393: 1387: 1385: 1362: 1353: 1263:A market with a 1201:Market structure 1191:natural monopoly 1086:Selling expenses 976:Inelastic demand 959:Customer loyalty 918:opportunity cost 575:barrier to entry 555: 548: 541: 446:Product bundling 348:Natural monopoly 300: 299: 293: 286: 275: 272: 266: 257:You can help by 239: 238: 231: 224: 217: 213: 210: 204: 181: 180: 173: 166: 159: 155: 152: 146: 144: 103: 79: 71: 60: 38: 37: 30: 21: 18:Barrier to entry 5008: 5007: 5003: 5002: 5001: 4999: 4998: 4997: 4978: 4977: 4976: 4971: 4910: 4891:Technostructure 4846:Instrumentalism 4841:Hirschman cycle 4774: 4770:Viviana Zelizer 4740:Joel M. Podolny 4691: 4617:Gary McClelland 4582:Daniel Kahneman 4577:David Ryan Just 4572:Charles A. Holt 4552:Urs Fischbacher 4537:Stephen Duneier 4527:Werner De Bondt 4458: 4385: 4336:Jonathan Nitzan 4276:Robert H. Frank 4266:John R. Commons 4246:Robert A. Brady 4214: 4209: 4179: 4174: 4170:Organized labor 4140:Aspects of jobs 4116: 4107:Toxic workplace 4042:Emotional labor 4015: 3939:Public programs 3934: 3851:Great Recession 3821:Full employment 3809:Long Depression 3775: 3673:Banishment room 3649: 3571:Refusal of work 3514: 3438:Corporate crime 3406: 3373: 3236: 3161: 3038: 2965: 2899: 2776:Graduate school 2686: 2608: 2552: 2543:Underemployment 2402: 2346:Self-employment 2321:Contingent work 2311:Academic tenure 2304:Classifications 2299: 2294: 2264: 2263: 2256: 2252: 2245: 2241: 2198: 2191: 2176:10.2307/3003317 2156: 2152: 2137:10.2307/1122562 2115: 2111: 2096:10.2307/2098590 2076: 2072: 2062: 2060: 2033: 2027: 2023: 1994: 1990: 1981: 1979: 1972: 1964: 1957: 1924:Stigler, George 1921: 1917: 1884: 1880: 1870: 1868: 1851: 1840: 1801: 1797: 1766: 1762: 1753: 1751: 1741:10.2307/1251415 1717: 1676: 1666: 1664: 1642: 1638: 1628: 1626: 1597: 1578: 1568: 1566: 1562: 1554: 1550: 1540: 1538: 1534: 1526: 1522: 1512: 1510: 1491: 1487: 1477: 1475: 1468: 1460: 1451: 1441: 1439: 1427: 1423: 1413: 1411: 1401: 1397: 1383: 1381: 1360: 1354: 1335: 1330: 1298: 1278: 1203: 1110: 952:microprocessors 841: 737: 726: 692: 687: 620: 565:In theories of 559: 455:Refusal to deal 434:Tacit collusion 380:Relevant market 304:Competition law 294: 283: 282: 281: 276: 270: 267: 256: 240: 236: 225: 214: 208: 205: 197:help improve it 194: 182: 178: 167: 156: 150: 147: 104: 102: 92: 80: 39: 35: 28: 27:Economic theory 23: 22: 15: 12: 11: 5: 5006: 4996: 4995: 4990: 4973: 4972: 4970: 4969: 4964: 4962:Microeconomics 4959: 4954: 4949: 4944: 4939: 4934: 4929: 4924: 4918: 4916: 4915:Related fields 4912: 4911: 4909: 4908: 4903: 4898: 4893: 4888: 4883: 4878: 4873: 4868: 4863: 4858: 4853: 4851:Kuznets cycles 4848: 4843: 4838: 4833: 4828: 4823: 4818: 4813: 4808: 4803: 4798: 4793: 4788: 4782: 4780: 4776: 4775: 4773: 4772: 4767: 4765:Harrison White 4762: 4760:Carlo Trigilia 4757: 4752: 4747: 4742: 4737: 4732: 4727: 4722: 4717: 4712: 4707: 4701: 4699: 4693: 4692: 4690: 4689: 4684: 4679: 4674: 4672:Richard Thaler 4669: 4664: 4659: 4654: 4649: 4644: 4642:Howard Rachlin 4639: 4634: 4632:Michael Norton 4629: 4624: 4619: 4614: 4609: 4604: 4599: 4594: 4589: 4584: 4579: 4574: 4569: 4564: 4559: 4557:Herbert Gintis 4554: 4549: 4544: 4539: 4534: 4529: 4524: 4519: 4514: 4512:David Cesarini 4509: 4504: 4499: 4494: 4489: 4484: 4479: 4474: 4472:George Ainslie 4468: 4466: 4460: 4459: 4457: 4456: 4451: 4446: 4441: 4439:Douglass North 4436: 4431: 4426: 4424:Harold Demsetz 4421: 4416: 4411: 4406: 4404:Armen Alchian 4401: 4399:Daron Acemoglu 4395: 4393: 4387: 4386: 4384: 4383: 4378: 4373: 4368: 4363: 4358: 4356:Frank Stilwell 4353: 4348: 4343: 4341:Warren Samuels 4338: 4333: 4328: 4323: 4318: 4313: 4308: 4303: 4298: 4293: 4288: 4283: 4278: 4273: 4271:Richard T. Ely 4268: 4263: 4258: 4253: 4251:Daniel Bromley 4248: 4243: 4238: 4233: 4228: 4222: 4220: 4216: 4215: 4208: 4207: 4200: 4193: 4185: 4176: 4175: 4173: 4172: 4167: 4162: 4157: 4152: 4147: 4142: 4137: 4131: 4130: 4121: 4118: 4117: 4115: 4114: 4109: 4104: 4099: 4094: 4092:Sunday scaries 4089: 4084: 4079: 4074: 4069: 4064: 4059: 4054: 4049: 4044: 4039: 4034: 4029: 4023: 4021: 4017: 4016: 4009: 4008: 4003: 3998: 3993: 3988: 3983: 3978: 3973: 3968: 3963: 3958: 3953: 3948: 3942: 3940: 3936: 3935: 3933: 3932: 3927: 3922: 3921: 3920: 3915: 3905: 3900: 3895: 3890: 3885: 3880: 3875: 3870: 3869: 3868: 3863: 3858: 3853: 3843: 3841:Phillips curve 3838: 3833: 3828: 3823: 3818: 3813: 3812: 3811: 3806: 3796: 3791: 3785: 3783: 3777: 3776: 3774: 3773: 3768: 3767: 3766: 3761: 3751: 3750: 3749: 3744: 3742:Retirement age 3739: 3729: 3724: 3723: 3722: 3712: 3707: 3702: 3697: 3695:Exit interview 3692: 3687: 3686: 3685: 3680: 3675: 3665: 3659: 3657: 3651: 3650: 3648: 3647: 3642: 3641: 3640: 3635: 3625: 3620: 3619: 3618: 3613: 3608: 3603: 3598: 3593: 3588: 3583: 3573: 3568: 3563: 3558: 3553: 3548: 3543: 3538: 3533: 3528: 3522: 3520: 3516: 3515: 3513: 3512: 3507: 3502: 3497: 3492: 3487: 3482: 3477: 3472: 3467: 3462: 3457: 3452: 3447: 3445:Discrimination 3442: 3441: 3440: 3435: 3430: 3425: 3414: 3412: 3408: 3407: 3405: 3404: 3399: 3397:Gender pay gap 3394: 3389: 3383: 3381: 3375: 3374: 3372: 3371: 3366: 3361: 3356: 3351: 3346: 3345: 3344: 3334: 3329: 3328: 3327: 3317: 3312: 3307: 3302: 3297: 3292: 3287: 3282: 3277: 3272: 3267: 3262: 3257: 3252: 3246: 3244: 3238: 3237: 3235: 3234: 3229: 3228: 3227: 3217: 3212: 3210:Parental leave 3207: 3205:Marriage leave 3202: 3200:Life insurance 3197: 3192: 3187: 3182: 3177: 3171: 3169: 3163: 3162: 3160: 3159: 3154: 3149: 3144: 3139: 3134: 3129: 3128: 3127: 3117: 3116: 3115: 3110: 3105: 3100: 3090: 3089: 3088: 3083: 3073: 3068: 3063: 3058: 3056:Income bracket 3052: 3050: 3040: 3039: 3037: 3036: 3031: 3026: 3021: 3016: 3011: 3006: 3001: 2996: 2991: 2989:Eight-hour day 2986: 2981: 2975: 2973: 2967: 2966: 2964: 2963: 2958: 2953: 2948: 2943: 2938: 2933: 2928: 2923: 2918: 2913: 2907: 2905: 2901: 2900: 2898: 2897: 2892: 2887: 2886: 2885: 2880: 2870: 2865: 2860: 2855: 2854: 2853: 2848: 2843: 2838: 2833: 2828: 2823: 2818: 2813: 2808: 2803: 2798: 2793: 2788: 2783: 2778: 2773: 2768: 2763: 2758: 2748: 2746:Creative class 2743: 2738: 2733: 2728: 2723: 2718: 2717: 2716: 2706: 2704:Apprenticeship 2700: 2698: 2688: 2687: 2685: 2684: 2679: 2674: 2672:Scarlet-collar 2669: 2664: 2659: 2654: 2649: 2644: 2639: 2634: 2629: 2624: 2618: 2616: 2610: 2609: 2607: 2606: 2601: 2596: 2591: 2586: 2581: 2576: 2571: 2566: 2560: 2558: 2554: 2553: 2551: 2550: 2545: 2540: 2535: 2530: 2525: 2520: 2515: 2510: 2505: 2500: 2495: 2490: 2485: 2480: 2475: 2470: 2465: 2464: 2463: 2453: 2448: 2443: 2438: 2433: 2428: 2423: 2418: 2412: 2410: 2404: 2403: 2401: 2400: 2395: 2390: 2388:Temporary work 2385: 2380: 2375: 2374: 2373: 2368: 2363: 2356:Skilled worker 2353: 2348: 2343: 2338: 2333: 2328: 2323: 2318: 2313: 2307: 2305: 2301: 2300: 2293: 2292: 2285: 2278: 2270: 2262: 2261: 2250: 2239: 2189: 2150: 2131:(2): 295–325. 2109: 2070: 2021: 2008:(1): 144–155. 1988: 1977:Lyryx Learning 1955: 1942:10.1086/257878 1915: 1896:(1): 176–196. 1878: 1838: 1795: 1760: 1674: 1636: 1576: 1548: 1520: 1485: 1449: 1421: 1395: 1373:(2): 461–465. 1332: 1331: 1329: 1326: 1325: 1324: 1319: 1314: 1309: 1304: 1297: 1294: 1277: 1274: 1221:A market with 1202: 1199: 1187: 1186: 1183: 1180: 1177: 1174:profit margins 1166: 1165: 1154: 1143: 1132: 1123:(for example, 1113:Michael Porter 1109: 1106: 1105: 1104: 1098:Possession of 1095: 1089: 1083: 1073: 1065: 1059: 1053: 1040: 1034: 1018: 1000: 980: 972: 963: 955: 943: 935: 921: 911: 893: 881: 875: 870:Network effect 866: 863:communications 840: 837: 836: 835: 827: 821: 813: 804: 798: 784: 778: 749: 736: 733: 696:Michael Porter 691: 688: 686: 683: 638:George Stigler 619: 616: 561: 560: 558: 557: 550: 543: 535: 532: 531: 530: 529: 524: 516: 515: 511: 510: 509: 508: 503: 498: 489: 484: 479: 474: 469: 468: 467: 462: 452: 443: 442: 441: 436: 431: 426: 416: 405: 403:Monopolization 397: 396: 390: 389: 388: 387: 385:Merger control 382: 377: 372: 367: 362: 357: 352: 351: 350: 345: 331: 323: 322: 321:Basic concepts 318: 317: 307: 306: 296: 295: 278: 277: 243: 241: 234: 227: 226: 185: 183: 176: 169: 168: 83: 81: 74: 69: 43: 42: 40: 33: 26: 9: 6: 4: 3: 2: 5005: 4994: 4991: 4989: 4986: 4985: 4983: 4968: 4965: 4963: 4960: 4958: 4957:Legal realism 4955: 4953: 4950: 4948: 4945: 4943: 4940: 4938: 4935: 4933: 4930: 4928: 4925: 4923: 4920: 4919: 4917: 4913: 4907: 4904: 4902: 4899: 4897: 4894: 4892: 4889: 4887: 4884: 4882: 4879: 4877: 4874: 4872: 4869: 4867: 4864: 4862: 4859: 4857: 4854: 4852: 4849: 4847: 4844: 4842: 4839: 4837: 4834: 4832: 4829: 4827: 4824: 4822: 4819: 4817: 4814: 4812: 4809: 4807: 4804: 4802: 4799: 4797: 4794: 4792: 4789: 4787: 4784: 4783: 4781: 4777: 4771: 4768: 4766: 4763: 4761: 4758: 4756: 4753: 4751: 4748: 4746: 4743: 4741: 4738: 4736: 4733: 4731: 4728: 4726: 4725:Paula England 4723: 4721: 4720:Paul DiMaggio 4718: 4716: 4713: 4711: 4710:Fred L. Block 4708: 4706: 4703: 4702: 4700: 4698: 4694: 4688: 4685: 4683: 4680: 4678: 4675: 4673: 4670: 4668: 4665: 4663: 4660: 4658: 4657:Hersh Shefrin 4655: 4653: 4650: 4648: 4645: 4643: 4640: 4638: 4637:Matthew Rabin 4635: 4633: 4630: 4628: 4625: 4623: 4620: 4618: 4615: 4613: 4610: 4608: 4607:Graham Loomes 4605: 4603: 4600: 4598: 4595: 4593: 4592:George Katona 4590: 4588: 4585: 4583: 4580: 4578: 4575: 4573: 4570: 4568: 4567:David Halpern 4565: 4563: 4560: 4558: 4555: 4553: 4550: 4548: 4545: 4543: 4540: 4538: 4535: 4533: 4530: 4528: 4525: 4523: 4522:Rachel Croson 4520: 4518: 4515: 4513: 4510: 4508: 4507:Colin Camerer 4505: 4503: 4502:Sarah Brosnan 4500: 4498: 4497:Samuel Bowles 4495: 4493: 4490: 4488: 4485: 4483: 4480: 4478: 4475: 4473: 4470: 4469: 4467: 4465: 4461: 4455: 4452: 4450: 4449:Elinor Ostrom 4447: 4445: 4442: 4440: 4437: 4435: 4434:Claude MĂ©nard 4432: 4430: 4427: 4425: 4422: 4420: 4417: 4415: 4412: 4410: 4409:Masahiko Aoki 4407: 4405: 4402: 4400: 4397: 4396: 4394: 4392: 4388: 4382: 4379: 4377: 4374: 4372: 4369: 4367: 4364: 4362: 4359: 4357: 4354: 4352: 4349: 4347: 4344: 4342: 4339: 4337: 4334: 4332: 4331:Gunnar Myrdal 4329: 4327: 4324: 4322: 4319: 4317: 4314: 4312: 4311:Simon Kuznets 4309: 4307: 4304: 4302: 4299: 4297: 4294: 4292: 4289: 4287: 4284: 4282: 4279: 4277: 4274: 4272: 4269: 4267: 4264: 4262: 4259: 4257: 4256:Ha-Joon Chang 4254: 4252: 4249: 4247: 4244: 4242: 4239: 4237: 4234: 4232: 4229: 4227: 4224: 4223: 4221: 4217: 4213: 4206: 4201: 4199: 4194: 4192: 4187: 4186: 4183: 4171: 4168: 4166: 4163: 4161: 4158: 4156: 4153: 4151: 4148: 4146: 4143: 4141: 4138: 4136: 4133: 4132: 4123: 4122: 4119: 4113: 4110: 4108: 4105: 4103: 4100: 4098: 4095: 4093: 4090: 4088: 4085: 4083: 4080: 4078: 4075: 4073: 4070: 4068: 4067:Make-work job 4065: 4063: 4060: 4058: 4055: 4053: 4050: 4048: 4045: 4043: 4040: 4038: 4035: 4033: 4030: 4028: 4025: 4024: 4022: 4018: 4014: 4013: 4007: 4004: 4002: 3999: 3997: 3994: 3992: 3989: 3987: 3986:Right to work 3984: 3982: 3979: 3977: 3974: 3972: 3971:Job guarantee 3969: 3967: 3964: 3962: 3959: 3957: 3956:Make-work job 3954: 3952: 3949: 3947: 3944: 3943: 3941: 3937: 3931: 3928: 3926: 3923: 3919: 3916: 3914: 3911: 3910: 3909: 3906: 3904: 3901: 3899: 3896: 3894: 3891: 3889: 3886: 3884: 3881: 3879: 3876: 3874: 3871: 3867: 3864: 3862: 3859: 3857: 3854: 3852: 3849: 3848: 3847: 3844: 3842: 3839: 3837: 3834: 3832: 3829: 3827: 3824: 3822: 3819: 3817: 3814: 3810: 3807: 3805: 3802: 3801: 3800: 3797: 3795: 3792: 3790: 3787: 3786: 3784: 3782: 3778: 3772: 3769: 3765: 3762: 3760: 3757: 3756: 3755: 3752: 3748: 3745: 3743: 3740: 3738: 3735: 3734: 3733: 3730: 3728: 3727:Restructuring 3725: 3721: 3718: 3717: 3716: 3713: 3711: 3708: 3706: 3705:Notice period 3703: 3701: 3698: 3696: 3693: 3691: 3688: 3684: 3681: 3679: 3676: 3674: 3671: 3670: 3669: 3666: 3664: 3661: 3660: 3658: 3656: 3652: 3646: 3643: 3639: 3636: 3634: 3631: 3630: 3629: 3626: 3624: 3621: 3617: 3614: 3612: 3611:Unfree labour 3609: 3607: 3604: 3602: 3599: 3597: 3594: 3592: 3589: 3587: 3584: 3582: 3581:Bonded labour 3579: 3578: 3577: 3574: 3572: 3569: 3567: 3564: 3562: 3559: 3557: 3554: 3552: 3549: 3547: 3544: 3542: 3539: 3537: 3534: 3532: 3529: 3527: 3524: 3523: 3521: 3517: 3511: 3508: 3506: 3503: 3501: 3498: 3496: 3495:Whistleblower 3493: 3491: 3488: 3486: 3483: 3481: 3478: 3476: 3473: 3471: 3468: 3466: 3463: 3461: 3458: 3456: 3453: 3451: 3448: 3446: 3443: 3439: 3436: 3434: 3431: 3429: 3428:Control fraud 3426: 3424: 3421: 3420: 3419: 3416: 3415: 3413: 3409: 3403: 3402:Glass ceiling 3400: 3398: 3395: 3393: 3390: 3388: 3385: 3384: 3382: 3380: 3376: 3370: 3367: 3365: 3362: 3360: 3357: 3355: 3352: 3350: 3347: 3343: 3340: 3339: 3338: 3337:Work accident 3335: 3333: 3330: 3326: 3325:United States 3323: 3322: 3321: 3318: 3316: 3313: 3311: 3308: 3306: 3303: 3301: 3298: 3296: 3293: 3291: 3288: 3286: 3283: 3281: 3278: 3276: 3273: 3271: 3268: 3266: 3263: 3261: 3258: 3256: 3253: 3251: 3248: 3247: 3245: 3243: 3239: 3233: 3230: 3226: 3225:United States 3223: 3222: 3221: 3218: 3216: 3213: 3211: 3208: 3206: 3203: 3201: 3198: 3196: 3193: 3191: 3188: 3186: 3183: 3181: 3180:Casual Friday 3178: 3176: 3173: 3172: 3170: 3168: 3164: 3158: 3155: 3153: 3150: 3148: 3145: 3143: 3140: 3138: 3137:Paid time off 3135: 3133: 3132:Overtime rate 3130: 3126: 3123: 3122: 3121: 3118: 3114: 3113:United States 3111: 3109: 3106: 3104: 3101: 3099: 3096: 3095: 3094: 3091: 3087: 3084: 3082: 3079: 3078: 3077: 3074: 3072: 3069: 3067: 3064: 3062: 3059: 3057: 3054: 3053: 3051: 3049: 3045: 3041: 3035: 3032: 3030: 3027: 3025: 3022: 3020: 3017: 3015: 3012: 3010: 3007: 3005: 3002: 3000: 2997: 2995: 2992: 2990: 2987: 2985: 2984:Four-day week 2982: 2980: 2977: 2976: 2974: 2972: 2968: 2962: 2959: 2957: 2954: 2952: 2949: 2947: 2944: 2942: 2939: 2937: 2934: 2932: 2929: 2927: 2924: 2922: 2919: 2917: 2914: 2912: 2909: 2908: 2906: 2902: 2896: 2893: 2891: 2888: 2884: 2881: 2879: 2876: 2875: 2874: 2871: 2869: 2868:Practice firm 2866: 2864: 2861: 2859: 2856: 2852: 2849: 2847: 2844: 2842: 2839: 2837: 2834: 2832: 2829: 2827: 2824: 2822: 2819: 2817: 2814: 2812: 2809: 2807: 2804: 2802: 2799: 2797: 2794: 2792: 2789: 2787: 2784: 2782: 2779: 2777: 2774: 2772: 2769: 2767: 2766:Employability 2764: 2762: 2759: 2757: 2754: 2753: 2752: 2749: 2747: 2744: 2742: 2739: 2737: 2734: 2732: 2729: 2727: 2724: 2722: 2719: 2715: 2712: 2711: 2710: 2707: 2705: 2702: 2701: 2699: 2697: 2693: 2689: 2683: 2680: 2678: 2675: 2673: 2670: 2668: 2667:Orange-collar 2665: 2663: 2660: 2658: 2655: 2653: 2650: 2648: 2645: 2643: 2640: 2638: 2635: 2633: 2630: 2628: 2625: 2623: 2620: 2619: 2617: 2615: 2614:Working class 2611: 2605: 2602: 2600: 2597: 2595: 2592: 2590: 2587: 2585: 2582: 2580: 2577: 2575: 2572: 2570: 2567: 2565: 2562: 2561: 2559: 2555: 2549: 2546: 2544: 2541: 2539: 2536: 2534: 2531: 2529: 2526: 2524: 2521: 2519: 2516: 2514: 2511: 2509: 2506: 2504: 2501: 2499: 2496: 2494: 2491: 2489: 2488:Job interview 2486: 2484: 2481: 2479: 2476: 2474: 2471: 2469: 2466: 2462: 2459: 2458: 2457: 2454: 2452: 2449: 2447: 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460:Group boycott 458: 457: 456: 453: 451: 447: 444: 440: 437: 435: 432: 430: 427: 424: 420: 417: 415: 412:Formation of 411: 410: 409: 406: 404: 401: 400: 399: 398: 395: 392: 391: 386: 383: 381: 378: 376: 373: 371: 368: 366: 363: 361: 358: 356: 353: 349: 346: 344: 341: 340: 339: 335: 332: 330: 327: 326: 325: 324: 320: 319: 313: 309: 308: 305: 302: 301: 292: 289: 274: 265:is available. 264: 260: 254: 253: 249: 244:This article 242: 233: 232: 223: 220: 212: 202: 198: 192: 191: 186:This article 184: 175: 174: 165: 162: 154: 143: 140: 136: 133: 129: 126: 122: 119: 115: 112: â€“  111: 107: 106:Find sources: 100: 96: 90: 89: 84:This article 82: 78: 73: 72: 67: 65: 58: 57: 52: 51: 46: 41: 32: 31: 19: 4901:Veblen goods 4861:Market power 4795: 4705:Jens Beckert 4677:Amos Tversky 4652:Eldar Shafir 4517:Kay-Yut Chen 4444:Mancur Olson 4419:Ronald Coase 4316:Hunter Lewis 4306:János Kornai 4102:Toxic leader 4082:Presenteeism 4062:Labor rights 4052:Going postal 4027:Bullshit job 4010: 3995: 3990: 3788: 3781:Unemployment 3633:Downshifting 3616:Wage slavery 3596:Penal labour 3551:Dead-end job 3541:Conscription 3320:Right to sit 3175:Annual leave 3157:Working poor 3093:Minimum wage 3071:Maximum wage 3029:Working time 3019:Six-hour day 2921:Career break 2883:Professional 2677:Black-collar 2647:White-collar 2627:Green-collar 2604:Volunteering 2441:Drug testing 2431:Cover letter 2371:Tradesperson 2253: 2242: 2211: 2205: 2170:(1): 20–32. 2167: 2163: 2153: 2128: 2122: 2112: 2083: 2079: 2073: 2061:. Retrieved 2041: 2037: 2024: 2005: 2001: 1991: 1980:. Retrieved 1968: 1933: 1927: 1918: 1893: 1887: 1881: 1869:. Retrieved 1865:the original 1858: 1808: 1804: 1798: 1773: 1769: 1763: 1752:. Retrieved 1728: 1724: 1665:. Retrieved 1663:(2): 137–145 1660: 1654: 1639: 1627:. Retrieved 1615: 1609: 1567:. Retrieved 1558: 1551: 1539:. Retrieved 1530: 1523: 1511:. Retrieved 1502: 1498: 1488: 1476:. Retrieved 1464: 1440:. Retrieved 1436:Investopedia 1434: 1424: 1412:. Retrieved 1408: 1398: 1388:– via 1382:. Retrieved 1370: 1364: 1279: 1265:monopolistic 1262: 1247: 1239: 1232: 1220: 1214: 1212: 1206: 1204: 1188: 1167: 1121:exit barrier 1111: 1097: 1091: 1085: 1075: 1067: 1061: 1055: 1047:- Intensive 1042: 1036: 1020: 988: 982: 974: 965: 957: 945: 937: 923: 913: 895: 889: 883: 877: 868: 848: 842: 829: 823: 815: 806: 800: 786: 780: 774:servicemarks 751: 740: 729: 725: 721: 717: 713: 709: 705: 701: 693: 677: 673: 671: 666: 662: 660: 657: 653: 650: 643: 641:considered. 635: 627: 624: 621: 604:market power 578: 574: 564: 506:Rent-seeking 419:Price fixing 370:Market power 354: 284: 271:October 2020 268: 263:Editing help 245: 215: 209:October 2020 206: 187: 157: 151:October 2020 148: 138: 131: 124: 117: 105: 93:Please help 88:verification 85: 61: 54: 48: 47:Please help 44: 4876:Satisficing 4587:Ariel Kalil 4482:Nava Ashraf 4429:Avner Greif 4236:Joe S. Bain 3991:Historical: 3715:Resignation 3655:Termination 3638:Slow living 3606:Truck wages 3591:Labour camp 3519:Willingness 3411:Infractions 3066:Living wage 3014:Remote work 2682:Gold-collar 2637:Pink-collar 2632:Grey-collar 2622:Blue-collar 2589:Labour hire 2564:Cooperative 2528:Recruitment 2483:Job hunting 2416:Application 2398:Wage labour 2383:Labour hire 2336:Job sharing 2218:: 774–782. 2090:: 607–627. 2063:January 24, 1871:January 24, 1667:January 24, 1629:January 24, 1569:January 24, 1513:January 24, 1478:January 24, 1442:January 24, 1414:January 24, 1384:January 24, 1270:advertising 1027:advertising 1007:educational 966:Control of 914:Uncertainty 900:Investments 885:Advertising 630:Joe S. Bain 618:Definitions 600:oligopolies 567:competition 429:Bid rigging 4982:Categories 4562:Uri Gneezy 4547:Armin Falk 4532:Paul Dolan 4477:Dan Ariely 3925:Wage curve 3732:Retirement 3645:Workaholic 3623:Work ethic 3490:Wage theft 3475:Labour law 3470:Evaluation 3455:Dress code 3220:Sick leave 3185:Child care 3147:Salary cap 3061:Income tax 3024:Shift work 2961:Time clock 2956:Sick leave 2951:Sabbatical 2916:Break room 2904:Attendance 2873:Profession 2858:Mentorship 2836:Retraining 2761:E-learning 2657:New-collar 2652:Red-collar 2599:Supervisor 2579:Internship 2498:Onboarding 2366:Technician 2361:Journeyman 2331:Gig worker 2297:Employment 1982:2022-04-20 1776:: 101007. 1754:2020-10-31 1328:References 1207:structural 1136:consulting 904:sunk costs 770:trademarks 596:monopolies 583:fixed cost 496:copyrights 375:SSNIP test 121:newspapers 50:improve it 4667:Uwe Sunde 4487:Ofer Azar 4112:Workhouse 4032:Busy work 3846:Recession 3710:Pink slip 3668:Dismissal 3531:Careerism 3125:Singapore 3103:Hong Kong 2971:Schedules 2890:Tradesman 2791:Licensure 2751:Education 2721:Avocation 2662:No-collar 2642:Precariat 2523:Probation 2478:Job fraud 2234:1877-0428 2058:157645529 1950:153919760 1910:0030-7653 1860:About.com 1825:0034-6535 1790:0038-0121 1735:: 80–91. 1242:Oligopoly 1215:strategic 1151:ironworks 1140:education 1011:licensing 991:antitrust 968:resources 807:Customer 762:invention 745:retailers 644:In 1979, 636:In 1968, 628:In 1956, 592:antitrust 571:economics 408:Collusion 338:oligopoly 56:talk page 4020:See also 3946:Workfare 3771:Turnover 3167:Benefits 3048:salaries 3009:Overtime 2999:Flextime 2931:Gap year 2926:Furlough 2895:Vocation 2878:Operator 2741:Coaching 2696:training 2574:Employer 2569:Employee 2473:Job fair 2351:Side job 2216:Elsevier 1936:: 1–17. 1833:57571664 1624:18271320 1541:21 April 1507:Archived 1296:See also 859:database 795:airports 793:at some 685:Examples 577:, or an 334:Monopoly 3996:U.S.A.: 3601:Peonage 3576:Slavery 3526:Boreout 3265:Karoshi 3215:Pension 3004:On-call 2709:Artisan 2393:Laborer 2184:3003317 2145:1122562 2104:2098590 1749:1251415 1250:duopoly 997:dumping 896:Capital 817:Tariffs 758:Patents 581:, is a 414:cartels 195:Please 135:scholar 3700:Layoff 3250:Crunch 3108:Europe 3098:Canada 3086:Europe 2692:Career 2533:RĂ©sumĂ© 2408:Hiring 2316:Casual 2232:  2182:  2143:  2102:  2056:  1948:  1908:  1831:  1823:  1788:  1747:  1622:  1158:retail 1147:hotels 1129:energy 1031:brands 1013:, and 831:Zoning 777:names. 587:market 246:is in 137:  130:  123:  116:  108:  3561:McJob 3081:World 3044:Wages 2911:Break 2557:Roles 2180:JSTOR 2141:JSTOR 2100:JSTOR 2088:Wiley 2086:(4). 2054:S2CID 2034:(PDF) 1973:(PDF) 1946:S2CID 1829:S2CID 1745:JSTOR 1731:(2). 1563:(PDF) 1535:(PDF) 1505:(1). 1469:(PDF) 1361:(PDF) 1044:Price 1015:quota 824:Taxes 450:tying 423:cases 252:prose 142:JSTOR 128:books 3046:and 2694:and 2461:list 2230:ISSN 2065:2023 1906:ISSN 1873:2023 1821:ISSN 1786:ISSN 1669:2023 1631:2023 1620:PMID 1571:2023 1543:2023 1515:2023 1480:2023 1444:2023 1416:2023 1386:2023 1284:the 1280:For 1256:and 989:See 930:and 861:and 772:and 764:and 598:and 573:, a 494:and 448:and 336:and 248:list 114:news 2584:Job 2220:doi 2172:doi 2133:doi 2092:doi 2046:doi 2010:doi 1938:doi 1898:doi 1813:doi 1778:doi 1737:doi 1375:doi 1240:An 672:An 569:in 97:by 4984:: 2228:. 2214:. 2212:58 2204:. 2192:^ 2178:. 2168:10 2166:. 2162:. 2139:. 2129:87 2127:. 2121:. 2098:. 2084:35 2082:. 2052:. 2042:12 2040:. 2036:. 2006:37 2004:. 2000:. 1975:. 1958:^ 1944:. 1934:65 1932:. 1904:. 1894:64 1892:. 1857:. 1841:^ 1827:. 1819:. 1809:97 1807:. 1784:. 1774:77 1772:. 1743:. 1729:53 1727:. 1723:. 1677:^ 1661:57 1659:. 1653:. 1616:86 1614:. 1608:. 1579:^ 1501:. 1497:. 1452:^ 1433:. 1407:. 1371:94 1369:. 1363:. 1336:^ 1292:. 1213:A 1205:A 1197:. 1160:, 1149:, 1138:, 1127:, 1029:, 1009:, 898:– 661:A 59:. 4204:e 4197:t 4190:v 2289:e 2282:t 2275:v 2236:. 2222:: 2186:. 2174:: 2147:. 2135:: 2106:. 2094:: 2067:. 2048:: 2018:. 2012:: 1985:. 1952:. 1940:: 1912:. 1900:: 1875:. 1835:. 1815:: 1792:. 1780:: 1757:. 1739:: 1671:. 1633:. 1545:. 1517:. 1503:7 1482:. 1446:. 1418:. 1392:. 1377:: 1176:. 1164:) 1153:) 1142:) 1131:) 999:. 993:. 554:e 547:t 540:v 425:) 421:( 291:) 285:( 273:) 269:( 255:. 222:) 216:( 211:) 207:( 203:. 164:) 158:( 153:) 149:( 139:· 132:· 125:· 118:· 91:. 66:) 62:( 20:)

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Competition law

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