Scholars of international relations generally rely on polarity to meas
ure the distribution of power. I argue that another feature of this di
stribution-concentration-should be considered more carefully in analys
es of international relations. Much of the recent literature on the di
stribution of power draws on analogies between the structure of market
s and the structure of the international system. Concentration is more
consistent than polarity with the microeconomic foundations of these
studies. Further, using polarity to measure the distribution of power
also requires analysts to assume (often implicitly) that: (1) inequali
ties among major powers are unimportant features of the global distrib
ution of power; and (2) nonpolar major powers should be ignored in str
uctural analyses of international relations. I maintain that these ass
umptions are at odds with many leading explanations of international r
elations. A number of prominent theories of balancing behavior, the on
set of war, and the international political economy emphasize both the
importance of both major (as well as polar) powers and the inequaliti
es in power among them. As a result, analyses that center solely on th
e effects of polarity are likely to offer incomplete explanations of b
alancing behavior, the onset of war, and the international political e
conomy. Since concentration measures both the number of major powers a
nd the inequalities in power among them, these analyses may be enhance
d substantially by considering the influence of concentration, as well
as polarity.