4 ms·
HHI is a super useful metric -- glad you like it! The squared sum of normalized shares proves to be very useful in a lot of contexts -- not just market share.
by tomrod 1y ago
HHI is a super useful metric -- glad you like it!
The squared sum of normalized shares proves to be very useful in a lot of contexts -- not just market share. Voting is one great example.
- msgilligan 1y agoSounds depressing (i.e. ~5000 in a typical US election)
- tomrod 1y agoIt gets really interesting when you look at the precinct and county level in the US, and similar types of views in European countries where they do real representative government.
- fakedang 1y agoIt's ironic that national level politics mirrors the kind that the founding fathers did not ever want happening, while local politics has the kind of representation that they actually had in mind (in most places).
- naniwaduni 1y agoI'm not sure that is ironic.