(Scheduling Competition by Broadcasting Stations) Consider the broadcasting news scheduling model with four broadcasting stations labeled A, B, C and D. There are n viewers whose ideal watching time is 20:00, and n viewers whose ideal watching time is 21:00. Let t; denote the broadcasting time of station i. (i = A, B, C, D) Assume that each station can air its news broadcast at one and only one time period. Also assume that each station earns exactly $1 per viewer (as determined by rating surveys conducted during the broadcasting hours). (a) List all the Nash equilibria in broadcasting time. (You do NOT have to provide a proof). (b) Now assume that there are n viewers whose ideal watching time is 20:00, and 5n viewers whose ideal watching time is 21:00. Find all Nash equilibria and provide a formal proof.

(Scheduling Competition by Broadcasting Stations) Consider the broadcasting news scheduling model with four broadcasting stations labeled A, B, C and D. There are n viewers whose ideal watching time is 20:00, and n viewers whose ideal watching time is 21:00. Let t; denote the broadcasting time of station i. (i = A, B, C, D) Assume that each station can air its news broadcast at one and only one time period. Also assume that each station earns exactly $1 per viewer (as determined by rating surveys conducted during the broadcasting hours). (a) List all the Nash equilibria in broadcasting time. (You do NOT have to provide a proof). (b) Now assume that there are n viewers whose ideal watching time is 20:00, and 5n viewers whose ideal watching time is 21:00. Find all Nash equilibria and provide a formal proof.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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