Abstract
I show that in a broad range of oligopoly models, the Herfindahl-Hirschman index (HHI) reflects the ratio of producer surplus to consumer surplus and therefore the division of surplus between firms’ owners and consumers.
Original language | English |
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Pages (from-to) | 561-594 |
Number of pages | 34 |
Journal | Journal of Industrial Economics |
Volume | 69 |
Issue number | 3 |
DOIs | |
State | Published - Sep 2021 |