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A generalized measure of competition

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  • R. Cesari

Abstract

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

Suggested Citation

  • R. Cesari, 1994. "A generalized measure of competition," Working Papers 204, Dipartimento Scienze Economiche, Universita' di Bologna.
  • Handle: RePEc:bol:bodewp:204
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    Cited by:

    1. Melanie Parravano & Luis Enrique Pedauga, 2008. "Oil market dynamics: A Markow chain analysis," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 33(25), pages 87-115, january-j.
    2. Pedauga, Luis & Pineda, Julio & Miguel, Dorta, 2004. "Rivalidad por clientes en el mercado cambiario venezolano [Rivalry for customers in the Venezuelan exchange market]," MPRA Paper 62431, University Library of Munich, Germany.
    3. Yusak Susilo & Kay Axhausen, 2014. "Repetitions in individual daily activity–travel–location patterns: a study using the Herfindahl–Hirschman Index," Transportation, Springer, vol. 41(5), pages 995-1011, September.

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