IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v28y2021i17p1521-1525.html
   My bibliography  Save this article

The equivalent share of a dominant firm: an approach based on distances

Author

Listed:
  • Antonio Avila-Cano
  • Francisco Triguero Ruiz

Abstract

The concept of concentration has been widely used in social sciences and applied to different areas, particularly industrial economics, business, sports economics or political science. We construct a new family of concentration indices, based on the mathematical concept of distance. By construction, its value is the monopoly ratio. It complies with the set of properties traditionally required at concentration indices. The index can be interpreted like the equivalent share of the dominant firm in a distribution with many elements in which all the others firms are of an equal size. Our index solves the problems linked to the limited cardinality of the majority of the existing indices. Cardinality property may be relevant in modelling and political economic decisions.

Suggested Citation

  • Antonio Avila-Cano & Francisco Triguero Ruiz, 2021. "The equivalent share of a dominant firm: an approach based on distances," Applied Economics Letters, Taylor & Francis Journals, vol. 28(17), pages 1521-1525, October.
  • Handle: RePEc:taf:apeclt:v:28:y:2021:i:17:p:1521-1525
    DOI: 10.1080/13504851.2020.1829534
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2020.1829534
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/13504851.2020.1829534?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Avila-Cano, Antonio & Owen, P. Dorian & Triguero-Ruiz, Francisco, 2023. "Measuring competitive balance in sports leagues that award bonus points, with an application to rugby union," European Journal of Operational Research, Elsevier, vol. 309(2), pages 939-952.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:28:y:2021:i:17:p:1521-1525. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.