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Imagine that there are three major network-affiliate television stations in Turlock, California: RBC, CBC, and MBC. All three stations have the option of airing the
Imagine that there are three major network-affiliate television stations in Turlock, California: RBC, CBC, and MBC. All three stations have the option of airing the evening network news program live at 6pm or in a delayed broadcast at 7pm. Each station's objective is to maximize its viewing audience in order to maximize advertising revenue. The stations make their choices simultaneously. The payoffs are listed in the order RBC (row player), CBC (column player), MBC (third player). Find the equilibrium/a in pure strategies.
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