I came across a very interesting section of a wikipedia article on conics: http://en.wikipedia.org/wiki/Conic_section#Intersecting_two_conics
I am trying to work out a couple of examples to add to the page.
Example 1 - (this one turns out to be quite straight forward - see Example 2 below for a more general case):
Take these two hyperbolas, Q1 and Q2: Q1: $$x^2 - y^2 - 2 = 0$$ and Q2: $$.5x^2 - y^2 - 1 = 0$$
Their graphs which show that they have 2 real intersections are here: http://www.wolframalpha.com/input/?i=plot%28x^2+-+y^2+-+2+%3D+0+and+.5x^2+-+y^2+-+1+%3D+0%29
First, we construct their matrices: $$Q_1 = \begin{bmatrix}1 & 0 & 0\\0 & -1 & 0\\0 & 0 & -2\end{bmatrix}$$ $$Q_2 = \begin{bmatrix}1/2 & 0 & 0\\0 & -1 & 0\\0 & 0 & -1\end{bmatrix}$$
Then, we set $$det(\lambda Q_1 + \mu Q_2) = 0.$$
Expanding this determinant, we get the equation: $$(\lambda + \frac{\mu}{2})(-\lambda-\mu)(-2\lambda-\mu) = 0$$
Here, each of the 3 factors can be independently set equal to zero to find the 3 solutions: $$\mu = -2\lambda,$$ $$\mu = -\lambda,$$ and $$\mu = -2\lambda,$$ respectively.
Alternatively, we could immediately set $\lambda=1$ and solve $\mu^3/2+(5 \mu^2)/2+4 \mu+2$ algorithmically.
There three degenerate conics? I.e. if we take one of the solutions ($\mu = -\lambda$), and use it to compute a particular linear combination (plugging into the linear combination equation $\lambda C_1 + \mu C_2$), we get:
$$\lambda C_1 -\lambda C_2$$
which is still an expression with an unknown? Does it mean we can choose any $\lambda$ to obtain a degenerate conic? That is, set $\lambda=1$ to get:
$$C_0 = \begin{bmatrix}.5 & 0 & 0\\0 & 0 & 0\\0 & 0 & -1\end{bmatrix}$$
Now we identify two coincident lines constituting this degenerate conic. We set $x^T C_0 x$ equal to zero, and we get $$.5x^2 - 1=0.$$ We see that $$x=\pm \sqrt{2}$$ (a pair of vertical lines). Intersecting these lines with the conics will give the intersection points of the original conics. Here, since the lines are vertical we can simply substitute the values $$x=\sqrt{2}$$ and $$x=-\sqrt{2}$$ to obtain the intersections (there are only 2 in this problem, but there can be up to 4):
From Q_1: $$(\sqrt{2})^2 - y^2 - 2 = 0 \rightarrow y=0$$ $$(-\sqrt{2})^2 - y^2 - 2 = 0 \rightarrow y=0$$
we get intersection points $$(\sqrt{2}, 0)$$ and $$(-\sqrt{2},0).$$
From Q_2: $$.5(\sqrt{2})^2 - y^2 - 1 = 0 \rightarrow y=0$$ $$.5(-\sqrt{2})^2 - y^2 - 1 = 0 \rightarrow y=0$$
we get intersection points $$(\sqrt{2}, 0)$$ and $$(-\sqrt{2},0).$$
Example #2
Take these two hyperbolas, Q1 and Q2: Q1: $$.5x^2 - y^2 + .1xy + 1 = 0$$ and Q2: $$-x^2 + y^2 + 1 = 0$$
Their graphs which show that they have 4 real intersections are here:
First, we construct their matrices: $$Q_1 = \begin{bmatrix}.5 & .05 & 0\\.05 & -1 & 0\\0 & 0 & 1\end{bmatrix}$$ $$Q_2 = \begin{bmatrix}-1 & 0 & 0\\0 & 1 & 0\\0 & 0 & 1\end{bmatrix}$$
Then, we set $$det(\lambda Q_1 + \mu Q_2) = 0.$$
Expanding this determinant, we get the equation: $$-.5\lambda^3 + \lambda^2\mu +.5\lambda\mu^2-\mu^3 - .0025\lambda^3 - .0025\lambda^2\mu.$$
Arbitrarily setting $\lambda=1$ and expanding, we get the equation $$-\mu^3+.5\mu^2+.9975\mu-.5025=0.$$
The 3 (approximate) solutions are: $$\mu = -1,$$ $$\mu = .505,$$ and $$\mu = .99495,$$ respectively.
Going back and constructing the degenerate conic matrix (with $\lambda=1$ and $\mu=-1$), we have (Can you just pick one of the 3 solutions that comes from the determinant equation as I did?)
$$C_0 = \begin{bmatrix}1.5 & .05 & 0\\.05 & -2 & 0\\0 & 0 & 0\end{bmatrix}$$
Now $$x^T C_0 x = 0 = $$ we get $$1.5x^2 + .1xy-2y^2 = 0.$$
Solving for $y$, we see that the two lines are $$y=−0.841386x$$ and $$y=0.891386x.$$
These lines intersect the conics at exactly the intersection points of the conics, as seen here: http://www.wolframalpha.com/input/?i=plot%28.5x^2-y^2%2B.1xy%2B1%3D0+and+-x^2%2By^2%2B1%3D0+and+y+%3D+%E2%88%920.841386x+and+y%3D0.891386x%29
The intersection points can be found by substituting the equation of both lines in to the equation of both conics. For example, substituting $$y=−0.841386x$$ into $$.5x^2 - y^2 + .1xy + 1 = 0$$ we get $$x=1.8505$$ Plugging this into the equation of the line $y=−0.841386x$, we see that one intersection point is $(1.8505, -1.5569)$. The other 3 intersection points can be found identically.