question archive The Herfindahl Index 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?

The Herfindahl Index 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?

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The Herfindahl Index

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?

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