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Unformatted text preview: Problem Set 6 Econ 159a/MGT5222a Ben Polak Three questions due October 31, 2007 1. Surviving might-see TV. (Grant) [ This question illustrates the di&amp;erence between si- multaneous and sequential settings. ] There are three major-network-a&amp;liate television stations in Hicksville: RBC, CBC and MBC. All three stations have the option of airing the evening network-news program live at 6:00pm or in a delayed broadcast at 7:00pm. By regulation, they may not choose other times. Each stations objective is to maximize its viewing audience to maximize the stations advertising revenue. The tables below (the result of extensive research) give the percentage of Hicksvilles total population captured by each station as a function of the times at which each news program is shown. The numbers do not sum to 100 since not everyone always watches TV. Times Chosen Audience Capture MBC RBC CBC MBC RCB CBC 6:00pm 6:00pm 6:00pm 32 14 24 6:00pm 6:00pm 7:00pm 27 8 30 6:00pm 7:00pm 6:00pm 24 30 16 6:00pm 7:00pm 7:00pm 50 13 12 7:00pm 6:00pm 6:00pm 30 16 24 7:00pm 6:00pm 7:00pm 24 30 16 7:00pm 7:00pm 6:00pm 14 30 23 7:00pm 7:00pm 7:00pm 32 14 24 (a) Suppose that the choices of all three stations are made simultaneously . Find any Nash....
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- Fall '08
- Game Theory