Herfindahl–Hirschman

What are the main significant differences between hospitals in different markets? Using density curves or boxplots, compare hospital cost and revenues across the three markets.

Topic: Exercise 3 The dataset provides Herfindahl–Hirschman Index and herfindahl index categories, use the herf_cat variable to answer the following questions: Note: “The Herfindahl–Hirschman Index is a commonly accepted measure of market concentration used by antitrust enforcement agencies and scholars in the field. The HHI is calculated by squaring the market share of each firm […]

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