Advantages of herfindahl index over concentration ratios

Reference no: EM1370651

What are the advantages of the Herfindahl index over concentration ratios in measuring degrees of concentration in an industry? (b) What is the disadvantage of both?

Reference no: EM1370651

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Advantages of herfindahl index over concentration ratios : What are the advantages of the Herfindahl index over concentration ratios in measuring degrees of concentration in an industry? (b) What is the disadvantage of both?

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