Concentration Ratio
In economics, a ratio that indicates the relative size of firms in relation to their industry as a whole. Investopedia Says:
The concentration ratio indicates whether an industry is comprised of a few large firms or many small firms. The four-firm concentration ratio, which consists of the market share (expressed as a percentage) of the four largest firms in an industry, is a commonly used concentration ratio. The Herfindahl index, another indicator of firm size, has a fair amount of correlation to the concentration ratio. Related Terms:
Dog Eat Dog
Economics
Herfindahl-Hirschman Index - HHI
Microeconomics
Monopolistic Competition
Monopoly
Oligopoly
Perfect Competition |