Examlex
The use of __________ helps to control for the effect of observer bias.
Barriers to Entry
Economic, procedural, or market-based factors that obstruct or restrict the ability of new competitors to enter an industry.
Oligopolistic
Pertaining to a market structure characterized by a small number of firms dominating the market, leading to limited competition.
HHI
Herfindahl-Hirschman Index, a measure of market concentration to assess the level of competition among firms.
Herfindahl-Hirschman Index
An economic indicator used to evaluate the level of competition within an industry by measuring the concentration of market share held by the largest firms.
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