---
entity_slug: home_market_monopoly
evaluator: null
evaluated_at: '2026-02-23T05:34:45.815731'
overall_score: 4.2
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition clearly distinguishes home market monopoly from other
    forms of monopoly by specifying it's achieved through legal restrictions on foreign
    imports rather than natural market dominance. It precisely identifies the mechanism
    (import restrictions) and effects (higher prices, reduced efficiency incentives).
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This concept is directly grounded in Book IV, Chapter 2 where Smith extensively
    analyzes how import restraints create domestic monopolies and their economic effects.
    Smith explicitly discusses how such policies give domestic producers exclusive
    control over their home markets.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: '"Regulation" is the correct domain placement since home market monopolies
    are created and maintained through government regulatory policies (tariffs, import
    quotas, trade restrictions). This is fundamentally about how regulatory intervention
    shapes market structure.'
- name: vsm_relevance
  value: 3.0
  max_value: 5.0
  rationale: This entity has moderate VSM relevance, primarily mapping to S3 (internal
    regulation) as it represents how a nation's regulatory system controls internal
    market dynamics. It could also relate to S4 (intelligence) regarding how nations
    respond to foreign competition, but the mapping is not as natural as more operational
    concepts.
- name: explanatory_value
  value: 4.0
  max_value: 5.0
  rationale: The entity provides strong explanatory value by illuminating the structural
    mechanism through which trade policy creates market power and affects resource
    allocation. It explains a key causal relationship between regulatory intervention
    and market outcomes that Smith analyzes in detail.
---

# Evaluation: Home Market Monopoly

## definition_precision — 4.0 / 5.0

The definition clearly distinguishes home market monopoly from other forms of monopoly by specifying it's achieved through legal restrictions on foreign imports rather than natural market dominance. It precisely identifies the mechanism (import restrictions) and effects (higher prices, reduced efficiency incentives).

## source_grounding — 5.0 / 5.0

This concept is directly grounded in Book IV, Chapter 2 where Smith extensively analyzes how import restraints create domestic monopolies and their economic effects. Smith explicitly discusses how such policies give domestic producers exclusive control over their home markets.

## domain_placement — 5.0 / 5.0

"Regulation" is the correct domain placement since home market monopolies are created and maintained through government regulatory policies (tariffs, import quotas, trade restrictions). This is fundamentally about how regulatory intervention shapes market structure.

## vsm_relevance — 3.0 / 5.0

This entity has moderate VSM relevance, primarily mapping to S3 (internal regulation) as it represents how a nation's regulatory system controls internal market dynamics. It could also relate to S4 (intelligence) regarding how nations respond to foreign competition, but the mapping is not as natural as more operational concepts.

## explanatory_value — 4.0 / 5.0

The entity provides strong explanatory value by illuminating the structural mechanism through which trade policy creates market power and affects resource allocation. It explains a key causal relationship between regulatory intervention and market outcomes that Smith analyzes in detail.
