Explore BrainMass

Explore BrainMass

    The Herfindahl Index

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

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

    © BrainMass Inc. brainmass.com October 10, 2019, 12:53 am ad1c9bdddf

    Solution Preview

    (a) The advantage of Herfindahl index over concentration ratios is that it takes into account the full market while ...

    Solution Summary

    The Herfindahl Index benefits are presented.