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[answered] 1. What is the HHI? How is the HHI used in the Horizontal M


I need a tutor that is knowledgeable in antitrust and economics in general! The deadline is this Sunday evening. A tip will be provided if completed on time. Please answer each question as briefly as possible. Not looking for extensive answers, rather I'm just looking for an answer that is correct and accurate! If there are any sources that are used, please be sure to cite! Like I said, as BRIEF as possible! Thank you! Please attach completed work in a separate document!?


1. What is the HHI? How is the HHI used in the Horizontal Merger

 

Guidelines in the assessment of whether mergers would be a problem?

 

Give two economic rationales for using the HHI in merger

 

assessment. 2. Why should it be harder to prove a predation-based monopolization case

 

than an exclusion-based monopolization case?

 

3. Describe, compare, and contrast rate-of-return regulation and price-cap

 

regulation, especially in the face of regulatory lag with the former and

 

difficulties committing to separating price from cost over time with

 

the latter. How are the Bluefield (1923) and Hope (1944) Supreme

 

Court decisions relevant?

 

4. In his campaign, the president-elect named a variety of regulations he

 

would like to eliminate. What legal considerations will play a role in

 

how quickly regulatory agencies in 2017 could issue new regulations

 

(whether or not they replace old ones)?

 

5. Compare and contrast the role of command-and-control, emissions taxes

 

and marketable emission permits (cap-and-trade) in regulating

 

pollution? What does the ?Coase Theorem? tell us about why air

 

pollution is something that cannot be optimally determined by the

 

market?

 

6. Describe the basic consumer choice economics behind Peltzman?s

 

argument regarding the perhaps surprising ineffectiveness of safety

 

regulation, and apply it to a rule requiring smoke detectors in homes.

 

7. How is the ?value of statistical life? number derived, and what does it

 

mean?

 


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