Television News Scheduling Revisited
Pedro Barros ()
Economics Bulletin, 2008, vol. 12, issue 1, 1-4
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 L1 (search for similar items in EconPapers)
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