These lectures were prepared by Preston McAfee, and presented at the Federal Communications Commission, May 19-20, 2003.

Overheads

Hendricks-McAfee Bilateral Oligopoly Model


The javascript shares computer is located here.
The javascript merger simulator is located here.

Here is a mathematica program to compute the effects of mergers, and computes all the statistics. In addition, there is an excel spreadsheet that lets you compute the MHI and other statistics based on market share and other data. Note that the excel spreadsheet requires using Excel's solver to compute the solution. It is not yet fully documented, although it should be reasonably clear as it has an example built-in.