Concept information
Preferred term
Herfindahl Index
Definition
- The Herfindahl Index, often called the HerfindahlHirschman Index (HHI), is a measure of market concentration, which can be defined as the percentage of total industry sales that are contributed by the largest firms in an industry. The HHI is a measure of the size of firms in a given industry and an indicator of the degree of competition in that industry. [Source: Encyclopedia of Business Ethics and Society; Herfindahl Index]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Herfindahl_Index
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