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The mixed strategy Nash equilibrium of the television news scheduling game

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Author Info
GABSZEWICZ, Jean (UniversitŽ catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))
LAUSSEL, Didier
LE BRETON, Michel

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Abstract

We characterize the unique mixed-strategy equilibrium of an extension of the "television news sheduling game" of Cancian, Bergstrom and Bills (1995) where viewers want to watch the first newscast broadcast after they return home. A fraction of the viewers record randomly one of the newscast to watch them in case they are too late. At equilibrium, neither of the two stations broadcasts its evening news in the first part of the evening and the density function is strictly decreasing.

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Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2007070.

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Date of creation: 01 Sep 2007
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Handle: RePEc:cor:louvco:2007070

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