10. Calculate the 4-Firm, 8-Firm, and Herfindahl-Hirshman Index for following example of a market (market shares...

 

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10. Calculate the 4-Firm, 8-Firm, and Herfindahl-Hirshman Index for following example of a market (market shares in parenthesis): Company A (20), Company B (10), Company C (1), Company D (9), Company E (15), Company F(15), Company G (30) 11. Explain the key insights of Sutton's (1991, 1998) modern Structure-Conduct-Performance Analysis. In particular comment on what we can learn from considering exogenous sunk cost with homogenous goods and endogenous sunk costs with quality improvements. 10. Calculate the 4-Firm, 8-Firm, and Herfindahl-Hirshman Index for following example of a market (market shares in parenthesis): Company A (20), Company B (10), Company C (1), Company D (9), Company E (15), Company F(15), Company G (30) 11. Explain the key insights of Sutton's (1991, 1998) modern Structure-Conduct-Performance Analysis. In particular comment on what we can learn from considering exogenous sunk cost with homogenous goods and endogenous sunk costs with quality improvements.