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Unformatted text preview: H , and what value of n achieves this? What market model does this correspond to? 1 (c) What is the highest possible value of H , and what value of n achieves this? What market model does this correspond to? 2. [5 points] Give an example of an industry which you believe corresponds to the oligopoly market model. Try to look up data on the market shares of the major players in the industry you choose, and describe a strategy you could use to estimate the Herndahl index of the industry. What is your estimate of the Herndahl index of this industry? 2...
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This note was uploaded on 09/26/2008 for the course ECON 203 taught by Professor Al-sabea during the Spring '05 term at USC.
- Spring '05