The Hendricks-McAfee Merger Simulator
Alpha
Demand Elasticity (negative value gives infinity)
Beta
Downstream Cost Elasticity
Eta
Upstream Cost Elasticity
Theta
Intermediate/Final Price Ratio
n
Number of Firms
Type
1 = "Firm 1 + 2", 2 = 1 + Firm 2's downstream, 3 = 1 + Firm 2's upstream
Notes: Input variables have
pink
backgrounds.
The Hendricks-McAfee
Bilateral Oligopoly
Paper
The
Shares Computer
, which takes capital values as inputs.
Error Messages Displayed Here