Television News Scheduling Revisited
Pedro Barros
Economics Bulletin, 2008, vol. 12, issue 1, 1-4
Abstract:
Existence problems have been pervasive in the economics literature on horizontal product differentiation. Adding a directional constraint to a standard Hotelling location model leads to a general result of non-existence of a pure strategy Nash equilibrium. Here we present a slightly different model where allowing for preferences over broadcasters, independent of arrival time at home, recovers existence of pure strategy Nash equilibria (although a mixed strategy equilibrium also exists).
JEL-codes: L1 (search for similar items in EconPapers)
Date: 2008-01-15
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08l10004
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