Difference between revisions of "Herfindahl-Hirschman Index"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Herfindahl-Hirschman Index]] (HHI). Take the market share of each firm in the industry, square each one, and add them. | :[[Herfindahl-Hirschman Index]] (HHI). Take the market share of each firm in the industry, square each one, and add them. | ||
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[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Revision as of 03:48, 2 June 2020
Herfindahl-Hirschman Index (HHI) is when you take the market share of each firm in the industry, square each one, and add them.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Herfindahl-Hirschman Index (HHI). Take the market share of each firm in the industry, square each one, and add them.
