Higher values of the Herfindahl-Hirschman Index indicate higher... | Filo
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The Herfindahl index measures the (A) market share within the ... | Filo
The Herfindahl index measures the (A) market share within the ... | Filo
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Wat is het doel van de Herfindahl-Hirschman-index? - Handel 2025
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15Industries X and Y both have four-firm concentration ratios of 48 percent, but the Herfindahl index for X is 860, while that for Y is 898. These datasuggest01:15:41Multiple Choicegreater market power in X than in Y.greater market power in Y than in X.both industries are monopolistically competitive.that price competition is stronger in Y than in X.
15Industries X and Y both have four-firm concentration ratios of 48 per…
Nov 4, 2024
numerade.com
Herfindahl index of market concentration One way of mcasuring market concentration is through the use of the Herfindahl index, which is defined as H=∑i=1^n si^2 where si=qi / Q is firm i 's market share. The higher is H, the more concentrated the industry is said to be. Intuitively, more concentrated markets arc thought to be less compctitive because dominant firms in concentrated markets face little competitive pressurc. We will assess the validity of this intuition using several models. a.
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