The measure suggests an approach that classifies when an individual firm has a dominant position and therefore assesses market dominance.
Arguments
- x
A non-negative numeric vector.
- na.rm
A logical vector that indicates whether
NA
values should be excluded or not. Must be eitherTRUE
orFALSE
. The default isTRUE
. If set toFALSE
the computation yieldsNA
ifNA
values are present.
Details
concstats_sten
calculates the Stenbacka index,
which indicates the market share of a dominant position.
References
Melnik, A., Shy, Oz, Stenbacka, R., (2008), "Assessing market dominance", Journal of Economic Behavior and Organization, 68: pp. 63-72.
See also
Other Competition/Concentration measures:
concstats_all_comp()
,
concstats_comp()
,
concstats_dom()
,
concstats_hhi()
,
concstats_hhi_d()
,
concstats_hhi_min()