Abstract
We propose a new measure to assess market dominance. Contrary to concentration measures such as the Herfindahl-Hirschman index that characterizes the concentration of an industry, our dominance measure suggests an approach that classifies when an individual firm has a dominant position. In our measure, the criterion for dominance is relaxed as the intensity of existing competition increases or as entry barriers are lowered. We apply the dominance measure to a number of well-known competition cases.
Original language | English |
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Pages (from-to) | 63-72 |
Number of pages | 10 |
Journal | Journal of Economic Behavior and Organization |
Volume | 68 |
Issue number | 1 |
DOIs | |
State | Published - Oct 2008 |
Keywords
- Abuse of dominant position
- Concentration measures
- Dominant position
- Firm's dominance
- Measure of dominance
ASJC Scopus subject areas
- Economics and Econometrics
- Organizational Behavior and Human Resource Management