A generalized measure of competition

A generalized measure of competition

Using the conditional probabilities of the passage of customers from one firm to another, a new, implementable measure of market competition is obtained which generalizes the classical Hirschman-Herfindahl index.

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Bibliographische Detailangaben
Veröffentlicht in:Applied economics letters 2000-07, Vol.7 (7), p.479-481
1. Verfasser: Cesari, Riccardo
Format: Artikel
Sprache:eng
Schlagworte:
Applied economics
Competition
Economic concentration
Economic dynamics
Loyalty
Probability
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Beschreibung
Zusammenfassung:Using the conditional probabilities of the passage of customers from one firm to another, a new, implementable measure of market competition is obtained which generalizes the classical Hirschman-Herfindahl index.
ISSN:1350-4851
1466-4291
DOI:10.1080/135048500351221