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Glossary

Effective number of funders

How many equally-sized funders would produce the same concentration as the real, uneven set.

An organization with twenty funders may still depend on one of them for most of its money. Counting funders hides that; the effective number does not. It answers how many equal-sized funders would give the same concentration as the uneven set actually present.

It is the inverse Herfindahl index of the funding shares. Twenty funders of equal size gives an effective number of twenty; twenty funders where one supplies almost everything gives a number close to one. The gap between the two counts is the dependency.

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Questions and answers

What is a effective number of funders?
How many equally-sized funders would produce the same concentration as the real, uneven set. An organization with twenty funders may still depend on one of them for most of its money. Counting funders hides that; the effective number does not. It answers how many equal-sized funders would give the same concentration as the uneven set actually present.

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