Herfindahl-Hirschman Index (HHI): Definition, Formula, and Example
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SOLVED: Note: The Herfindahl index (also known as Herfindahl-Hirschman Index, HHI, or sometimes HHI-score) is a measure of the size of firms in relation to the industry and an indicator of the amount of competition among them. Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely applied in competition law, antitrust, and also technology management.An H below 0.15 (or 1,500) indicates an unconcentrated industry.An H between 0.15 to 0.25 (or 1,500 to
SOLVED: Note: The Herfindahl index (also known as Herfindahl-H…
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