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Applied Economics Letters Volume 7, 2000 - Issue 7
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Original Articles

A generalized measure of competition

Riccardo Cesari
Pages 479-481 | Published online: 03 Apr 2017
 
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Abstract

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

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