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Random Facts erdos-bacon number - natalie portman on 6 - harvard college psych paper author A person's Erdos Bacon number

is the sum of one's Erdos number which measures the "c ollaborative distance" in authoring mathematical papers between that person and Hungarian mathematician Paul Erdos and one's Bacon number which represents the number of links, through roles in films, by which the individual is separated from American actor Kevin B acon. The lower the number, the closer a person is to Erdos and Bacon, and this reflects a small world phenomenon in academia and ente rtainment. herfindahl-hirschman index measure of the size of firms in relation to the industry and an indicator of the amount of competition among them. Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely ap plied in competition law, antitrust and also technology management.It is defined as the sum of the squares of the market shares of the 5 0 largest firms (or summed over all the firms if there are fewer than 50) within the industry, where the market shares are expressed as fra ctions. The result is proportional to the average market share, weighted by market share. As such, it can range from 0 to 1.0, moving fro m a huge number of very small firms to a single monopolistic producer. Increases in the Herfindahl index generally indicate a de crease in competition and an increase of market power, whereas decreases indicate the opposite. The major benefit of the Herfindahl index in relationship to such measures as th e concentration ratio is that it gives more weight to larger firms.

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