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Reactive market power analysis using Herfindahl-Hirschman index
7th IET International Conference on Advances in Power System Control, Operation and Management (APSCOM 2006), 2006Reactive power-voltage management has been identified as one of the ancillary services in the electricity market. Due to local nature of reactive power market, there are more chances of market power. It is important to analyze the reactive power market to mitigate the market power capabilities of the participants.
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The Herfindahl‐Hirschman Index and the Distribution of Social Surplus*
The Journal of Industrial Economics, 2021I 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.
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Herfindahl–Hirschman Index based performance analysis on the convergence development
Cluster Computing, 2017The converging performance of culture industry and financial industry in Beijing is an essential method to transform the way of Beijing economic development and promote culture industry into an economic pillar industry of Beijing. Based on this, this paper starts from the convergence status quo of culture industry and finance industry in Beijing ...
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Revisiting Kelly's version of the Herfindahl-Hirschman index
International Journal of Computational Economics and Econometrics, 2018This communication looks at Kelly's proposed formulation of the Herfindahl–Hirschman index (HHI), which has received some attention in the economic and management fields as a promising method to improve the measurement of market concentration by supposedly taking the skewness of market shares into account in the course of the index's computation. It is
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