|
| |
| Pedro Barros |
| |
| ''Television News Scheduling Revisited'' |
| ( 2008, Vol. 12 No.1 ) |
| |
| |
| 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). |
| |
| |
| Keywords: |
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
L1 - Market Structure, Firm Strategy, and Market Performance: General |
| |
| Manuscript Received : Jan 14 2008 | | Manuscript Accepted : Jan 15 2008 |
|
