Entry (economics)

In economics, entry can be used in somewhat overlapping ways. In the narrower market sense it can refer to becoming a supplier of goods or services. Monopolies have an incentive to create barriers to entry. In a broader sense it can refer to a situation where people choose/create more suitable arrangements. This broader sense can be compared to the idea of exit...

Liberals are generally less concerned with barriers to entry than they are with either forced entry or restricted exit. Moreover, involuntary entrance into a community can be less problematic if the option of inexpensive exit is preserved. Costly exit, however, can deprive even voluntary entrance of much of its value. Some libertarian theorists view voluntary entrance as a complete substitute for easy exit. But even those theorists view the absence of exit as, at a minimum, raising serious concerns about individual autonomy. - Eduardo M. Peñalver, Property as Entrance