A probabilistic approach of Hirschman-Herfindahl Index (HHI) to determine possibility of market power acquisition

This paper presents a probabilistic approach of the application of the Hirschman-Herfindahl Index (HHI) for the estimation of market concentration. A region of uncertainty in terms of the HHI is defined, the probability of any market participant acquiring market power is estimated, and a trend for t...

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Bibliographische Detailangaben

Hauptverfasser:	Kanagala, A., Sahni, M., Sharma, S., Gou, B., Yu, J.
Format:	Tagungsbericht
Sprache:	eng
Schlagworte:	Analytical models Costs ISO Monitoring Monopoly Power generation Power industry Resource management Testing Uncertainty
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