IDEAS home Printed from https://ideas.repec.org/a/wsi/jfexxx/v01y2014i02ns2345768614500202.html
   My bibliography  Save this article

Uniqueness of concentration index

Author

Listed:
  • Yimin Yang

    (Protiviti Inc., 1290 6th Ave, New York, NY 10104, USA)

Abstract

This paper establishes axioms for concentration index (CI) and its allocation function. It proves that the Herfindahl index (HI) and the square allocation function are the only one that satisfies these rules.

Suggested Citation

  • Yimin Yang, 2014. "Uniqueness of concentration index," Journal of Financial Engineering (JFE), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 1-9.
    • Handle: RePEc:wsi:jfexxx:v:01:y:2014:i:02:n:s2345768614500202
    DOI: 10.1142/S2345768614500202
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S2345768614500202
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S2345768614500202?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.

    References listed on IDEAS

    as
    1. Plata-Pérez, L. & Sánchez-Pérez, J. & Sánchez-Sánchez, F., 2015. "An elementary characterization of the Gini index," Mathematical Social Sciences, Elsevier, vol. 74(C), pages 79-83.
    2. George J. Stigler, Chairman, Universities-National Bureau Committee for Economic Research, 1955. "Business Concentration and Price Policy," NBER Books, National Bureau of Economic Research, Inc, number univ55-1, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Levy, Daniel & Dutta, Shantanu & Bergen, Mark & Venable, Robert, 1998. "Price Adjustment at Multiproduct Retailers," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(2), pages 81-120.
    2. Tudorel ANDREI & Constantin MITRUT & Daniela-Luminita CONSTANTIN & Bogdan OANCEA, 2015. "Great Expectations For Tourism And Regional Development In Romania: Why Are Not They Met?," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 83-98, June.
    3. Hans Degryse & Steven Ongena, 2004. "The Impact of Competition on Bank Orientation and Specialization (new titel: The impact of competition on bank orientation)," CESifo Working Paper Series 1119, CESifo.
    4. Eva M. Sierminska & Jacques Silber, 2020. "The diversity of household assets holdings in the United States in 2007 and 2009: measurement and determinants," Review of Economics of the Household, Springer, vol. 18(3), pages 599-634, September.
    5. Antonio Palestrini & Enrico Guzzini, 2019. "A note on the relationship between the total factor productivity and the network of firms," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(2), pages 419-423, June.
    6. Degryse, Hans & Ongena, Steven, 2007. "The impact of competition on bank orientation," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 399-424, July.
    7. Davide Vannoni, 1994. "Perche' Le Matrici Intersettoriali Per Misurare L'Integrazione Verticale ?," CERIS Working Paper 199403, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    8. Sanjib Bhuyan, 2002. "Impact of Vertical Mergers on Industry Profitability: An Empirical Evaluation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 20(1), pages 61-79, February.
    9. Thomas Vallée & Gino Baudry & Patrice Guillotreau, 2017. "To discard or to coproduce by recycling waste: An output constraint analysis," Working Papers halshs-01591879, HAL.
    10. David Coble, 2019. "Multimarket Contact in Banking Competition in The United States," Working Papers Central Bank of Chile 858, Central Bank of Chile.
    11. Gröteke Friedrich & Kerber Wolfgang, 2004. "The Case of Ryanair - EU State Aid Policy on the Wrong Runway," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 313-332, January.
    12. Ivan Brezina & Juraj Pekár, 2013. "Analýza citlivosti hodnot Herfidalovho-Hirschmanovho indexu slovenského bankového sektora [Sensitivity Analysis of Herfindahl-Hirschman Index on the Slovak Banking Sector]," Politická ekonomie, Prague University of Economics and Business, vol. 2013(6), pages 735-751.
    13. de Haas, Ralph & Lu, Liping & Ongena, S.R.G., 2018. "Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between Banks," Other publications TiSEM e9f86045-13c5-49d9-85df-1, Tilburg University, School of Economics and Management.
    14. Ausloos, Marcel, 2020. "Rank–size law, financial inequality indices and gain concentrations by cyclist teams. The case of a multiple stage bicycle race, like Tour de France," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
    15. Victor Olkhov, 2020. "Volatility Depend on Market Trades and Macro Theory," Papers 2008.07907, arXiv.org.
    16. Yahua Zhang & David Round, 2009. "Policy Implications of the Effects of Concentration and Multimarket Contact in China’s Airline Market," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 34(4), pages 307-326, June.
    17. Ali, Merima & Peerlings, Jack & Zhang, Xiaobo, 2010. "Clustering as an organizational response to capital market inefficiency: Evidence from handloom enterprises in Ethiopia," IFPRI discussion papers 1045, International Food Policy Research Institute (IFPRI).
    18. Schmalensee, Richard & Silk, Alvin J & Bojanek, Robert, 1983. "The Impact of Scale and Media Mix on Advertising Agency Costs," The Journal of Business, University of Chicago Press, vol. 56(4), pages 453-475, October.
    19. Sanjib Bhuyan, 2005. "An empirical evaluation of factors determining vertical integration in U.S. food manufacturing industries," Agribusiness, John Wiley & Sons, Ltd., vol. 21(3), pages 429-445.
    20. Figueiredo, Octávio & Guimarães, Paulo & Woodward, Douglas, 2010. "Vertical disintegration in Marshallian industrial districts," Regional Science and Urban Economics, Elsevier, vol. 40(1), pages 73-78, January.

    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:wsi:jfexxx:v:01:y:2014:i:02:n:s2345768614500202. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jfe/jfe.shtml .

    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.