COMPETITIVE BALANCE AND FREE AGENCY IN THE …

The HHI has been applied to many different industries to test for competitiveness. Among others, Borenstein (1989) and Evans and Kesides (1993) use it to measure competitiveness in the airline industry, Gilbert (1984) applies the HHI to banking, Sulivan (1985) and Sumner (1981) test for market power in the cigarette industry. ................
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